FOUR new trendI see a buy opportunity for this new IPO, company is solid and has amazing contracts with huge companies like Hilton...
FOUR trade ideas
Shift Payments Strong Buy --> IPO Scheduled TomorrowFirst off, please don't take anything I say seriously or as financial advice. As always, everything I say is on an opinion based basis. If anybody is excited for some potential IPO opportunities, Shift payments definitely looks like one of them. The price proposed at at $21, seems reasonable when looking at A) Competitors such as PayPal and Square B) Recent POS growth for restaurants post-Covid C) Financial expectancies. After missing the ZI IPO, I definitely think this one is one to watch out for + potentially hold. If it doubles, and I were to buy it than, I would sale and reinvest in the dip or hold depending on market activity. Either way, looks to be a strong buy.
