Out Fox The $treet

Update - May 30, 2023 Somehow, Payoneer continues to tick lower despite the impressive growth during a tough global economy. The stock should be trading at all-time highs.  Original article posted on May 17 Payoneer Global Inc. reported another quarter of strong growth, with sales surging 40% in Q1 2023. The global payments company has substantial growth ahead via new financial products and expansion of existing products like commercial card and check out. Payoneer Global stock is cheap at a forward EV/S multiple of 1.5x, especially for a fintech likely to maintain 20% growth. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More »   No matter the results,  Payoneer Global Inc.  ( NASDAQ: PAYO ) appears unliked by the markets. The global payments company  reported another quarter  with massive growth, yet the stock fell to recent lows below $5 due to  cautious management commentary. M...

After the close, Visa (V) reported the following numbers according to Briefing.com :

Summary American Express reported Q115 earnings that easily surpassed analyst estimates. The company continues producing solid profits and returning capital to shareholders. The stock is expensive considering the lack of growth, but the situation is hardly dour. Despite troubling headwinds, the profits at American Express (NYSE: AXP ) continue flowing. The future of the premium credit card network doesn't appear nearly as dour as predicted by headlines following recent well-publicized customer defections. Read the full article on Seeking Alpha. Disclosure: No positions mentioned. Please review the disclaimer page for more details.