DLO - This Global FinTech Is Down 45%. Does That Make It a Buy?
First, major e-commerce players conquered North America and Europe. Then, they moved to parts of Asia. Today, the focus is resting on Latin America and Africa. But it can be difficult -- even for established brands -- to reach customers in these areas. That's where dLocal (NASDAQ: DLO) comes into play. By using the company's tools, the world's largest merchants can navigate all of the regulations and currency differences that crop up as they move onto these continents.
For a while, that was a huge boon to investors. Shortly after holding its initial public offering , shares of dLocal doubled in a few short months. Since then, however, they've lost nearly half their value. Does that mean you should buy shares now?
In this Nov. 16 video from their YouTube channel, Motley Fool contributors Brian Stoffel and Brian Feroldi run through the bull and bear case for dLocal. They also show how the company scored on their investing frameworks at the end.
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This Global FinTech Is Down 45%. Does That Make It a Buy?