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If there's anything I've learned from years of covering the market, it's that Wall Street loves growth stocks. Fast-growing companies tend to attract investor attention and deliver stellar returns relative to value stocks.
Investors looking for stocks in the Financial Transaction Services sector might want to consider either PagSeguro Digital Ltd. (PAGS) or DLocal (DLO).
The Uruguay-based fintech said it is investing this year to position itself for sustained long-term growth and operating leverage. If that plan works, this pullback could prove to be an excellent buying opportunity.
DLocal Limited (DLO) Q4 2023 Earnings Call Transcript
Uruguayan digital payments company dLocal said on Tuesday it is looking at possible acquisitions aimed at boosting its commercial distribution, services and geographic footprint.
Short-term pain for long-term gains.
Uruguayan fintech dLocal on Monday posted a 47% jump in its fourth-quarter net profit from the year-earlier period, landing at $28.5 million.
MONTEVIDEO, Uruguay, March 07, 2024 (GLOBE NEWSWIRE) -- DLocal Limited (NASDAQ: DLO, “dLocal” or the “Company”), a technology-first payments platform enabling global enterprise merchants to connect with billions of consumers in emerging markets, intends to release financial results for its fourth fiscal quarter ended December 31, 2023 on March 18, 2024 after market close.
A few years ago, it seemed that new initial public offerings (IPOs) and special purpose acquisition companies (SPACs) were coming around almost every week. When markets are hot, companies tend to take advantage and issue their shares to the public.
DLocal is an online cross-border payment platform that enables global merchants to get paid and make payments in emerging markets. The company offers Pay-In and Pay-Out services, allowing customers to pay for online purchases and enabling users to pay their partners, suppliers, and contractors. DLocal's growth trajectory shows dominance in Latin America but challenges in Africa and Asia, while its Total Payment Volume has seen significant growth. Valuation suggests potential upside in the future.