- As the pandemic swept across the globe, e-commerce flourished, and with it, digital payment adoption and usage expanded, especially in underpenetrated regions, such as Latin America.
- While the pandemic may have been the catalyst, these digital payment trends are here to stay, and EVERTEC, a Puerto Rico-based transaction processing company, is well-positioned to ride these tailwinds.
- The firm has largely missed out on the stock price appreciation of some peers thus far, opening the door for large potential gains when the market realizes the firm’s unique position.
- Currently, the market is expecting EVERTEC to see a modest decline in profitability with limited growth, and if the firm can just mitigate profitability declines while growing along with the industry, it is set up for material equity upside.
For further details see:
Evertec: An Established Leader In An Emerging Market