TREE - 3 Top Fintech Stocks to Buy in January
2019 is in the books, and it was a great year for fintech investors. The biggest names in the business, Visa (NYSE: V) and Mastercard (NYSE: MA), ran up 42% and 58%, respectively, and small but important financial data analytics outfit Fair Isaac (NYSE: FICO) doubled in value. Rebounding from the first negative calendar year return for U.S. stocks in a decade, 2019 was simply a great time to be invested.
There's a good chance that won't change in 2020. Annual spending on fintech is expected to grow in the low 20% range for the next few years, so buying some proven winners for the long haul at the start of the new year could be a great move. I think LendingTree (NASDAQ: TREE), Euronet Worldwide (NASDAQ: EEFT), and PayPal (NASDAQ: PYPL) look like especially timely additions in January.
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