MoneyLion: Overlooked Fintech Platform
MoneyLion has collapsed below despite the company meeting aggressive financial targets. The company has major plans to build a fintech super-app with crypto and BNPL products launching. The stock trades at a massive discount with growth topping 100%, while trading at only 2x 2023 sales targets. This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More » The fintech sector has just been crushed in the last month led by the recently de-SPACed deals like MoneyLion (NYSE: ML ) . The company spent this year boosting future financial targets usually supportive of much higher stock prices. My investment thesis remains Bullish on the stock at the current reduced valuation while the long-term growth prospects remain strong. Read the full article on Seeking Alpha. Disclosure: No position mentioned. Please review the disclaimer page for more details. Update - March 10 The stock price ...