Payoneer: Firing On Most Cylinders
- Payoneer hiked 2021 revenue guidance after smashing Q3'21 estimates.
- The fintech isn't even firing on all cylinders due to supply chain issues and low cross-border travel.
- The stock trades at a cheap 5.6x EV/S targets for 2022.
- This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More »
Read the full article on Seeking Alpha.
Disclosure: Long PAYO. Please review the disclaimer page for more details.
Update - Nov. 28
Payoneer hasn't held up well following the big earnings boost, but the stock held up well in the market crash on Friday. The stock below $8 is a massive buy.