Investing in dirt cheap stocks under $10 has a lot of appeal. One of the benefits is that a low share price allows you to buy more shares with a smaller amount of money.
DLocal's Q1 report showed incredibly poorly performing margins, leading the stock to lose a significant amount of its value. The underlying payment volumes have continued growing well. The take rate is a major risk for DLocal in addition to issues in Argentina, which investors should note especially in the short term with DLocal expecting sequential improvements.
In the last few years, technological advancements in the fintech sector have put several fintech stocks to buy in the limelight. For the uninitiated, fintech refers to companies that offer technology solutions for money management.
This South American company is still profitable and growing fast.
An underbanked and heavily cash-based economy offers fertile ground for a trio of fintech-oriented companies offering mobile financial services in Mexico, according to analysts at Susquehanna Financial Group.
UiPath is operating in a rapidly expanding field. dLocal's services are bringing commerce to all corners of the globe.