Long
Buy Wirecard - Down on profit taking.
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
Wirecard forward p/e 42.5978
Square forward p/e 128.7417
Adyen forward p/e 129.8324
Paypal forward p/e 30.7248
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.