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From Nasdaq
July 19, 2024 08:07:00 AM:
The financial transaction services industry is poised for growth due to the increasing adoption of digital payments. Industry players offer diverse contactless payment options like mobile wallets and QR codes to enhance customer experience and expand revenue streams. Companies with exposure to cross-border business are well-positioned to benefit from international trade and travel.
Envestnet Inc. (ENV) provides wealth management software and services, focusing on technology development to improve operational efficiency. Coinbase Global Inc. (COIN) offers financial infrastructure for the crypto economy. Cantaloupe Inc. (CTLP) provides digital payment solutions for unattended retail markets. Repay Holdings Corp. (RPAY) offers integrated payment processing solutions, reducing complexity for merchants. Shift4 Payments Inc. (FOUR) provides software and payment processing solutions.
Investors looking to capitalize on the U.S. infrastructure boom can consider infrastructure stocks that are likely to benefit from the massive push towards rebuilding the country’s infrastructure. This bipartisan effort is expected to result in trillions being spent, creating opportunities for companies in construction, transportation, and energy sectors. Download a Special Report from Zacks for insights into 5 companies poised for growth in this sector.
Read more at Nasdaq: Buy 5 Financial Transaction Stocks to Enhance Your Portfolio