The Latest Breaking News from Consumer Financial Services

The financial industry could benefit from the rise in consumer spending and the possibility of the interest rates rising further. Therefore, investing in fundamentally strong financial stocks, AssetMark Financial Holdings (AMK) and Regional Management (RM), could be wise. However, due to its poor fundamentals and weak growth prospects, it could…

Payments processing giant Visa (V) reported impressive fourth-quarter and full-year results, with strong growth recorded in payments volume, processed transactions, and cross-border volume. However, is V the ideal investment now amid uncertain macroeconomic conditions? Read on to learn our view….

Financial services company Ally Financial (ALLY) is one of Warren Buffett’s recent investments. Buffett’s Berkshire Hathaway owns nearly 30 million ALLY shares. The stock has plummeted more than 45% over the past year due to bleak fundamentals and extended market weakness. Since the macroeconomic environment is expected to remain uncertain,…

Payments major Visa (V) delivered strong earnings in the last quarter, but the company’s outlook for fiscal 2023 appeared unreasonable to many analysts. So, will it be wise to buy the stock for the fourth quarter? Read on to learn our view….

The digital payment industry has gained traction with rapid technological advancements. Partnerships, changing consumer spending patterns, and the switch to contactless transactions are driving the growth of the payment industry. Therefore, fundamentally strong payment stock Visa Inc. (V) could be a solid investment. Given PayPal’s (PYPL) mixed financials, it could…

The fintech industry has grown significantly over the past few years due to the pandemic-driven accelerated pace of digitization. Continued digitization of businesses and financial transactions should keep driving the industry’s growth. Thus, investors could add promising fintech stocks Visa (V), AssetMark Financial (AMK), and Regional Management (RM) to their…

Payment technology major Visa (V) reported substantial revenue and earnings growth in the last quarter despite geopolitical and macroeconomic headwinds impacting most sectors. Analysts expect it to continue reporting strong revenue and EPS growth. So, we think it could be wise to buy the stock now. Read on….

The COVID-19 pandemic significantly boosted the growth of digital financial transactions. Financial services giants PayPal (PYPL) and Visa (V) are expected to gain from the industry tailwinds. But which of these stocks is a better Buy now? Let’s find out….

Leading payments processing company Visa (V) has been doing exceptionally well, driven by increased spending on services and a significant transition worldwide to cashless transactions. Moreover, Warren Buffett’s Berkshire owns approximately 0.5% stack in the company. V’s attractive dividend, strong financials, and solid growth prospects make it an ideal investment.…

Soaring inflation and the Fed’s constant effort to battle against it have largely affected consumer sentiment as the economy is expected to slip into a recession. However, with a shifting spending trend, Americans continue to spend on travel, retail, and technology. Therefore, payment stocks PayPal (PYPL) and Visa (V) could…

The shares of the digital payments company PayPal (PYPL) have been on a downtrend this year, closing the last trading session near $100. However, the stock recently popped on the news of its share repurchase authorization. So, is PYPL a buy now? Read on to find out….