Buy Wirecard - Down on profit taking.

3 нояб. 2018 г.

The recent weakness presents an opportunity to go long one of the more reasonably priced names in fintech. I suspect the share is down on profit taking after an amazing run since 2016, where big investors are locking in profits. Near term pressure could prevail but corrections in the price should be limited as the growth potential is so great. It will be hard to keep the price low for long with a barrage of good news and strong growth coming out constantly.

Wirecard forward p/e 42.5978
Square forward p/e 128.7417
Adyen forward p/e 129.8324
Paypal forward p/e 30.7248