|Bid||118.71 x 800|
|Ask||120.24 x 1800|
|Day's range||118.76 - 120.19|
|52-week range||92.27 - 129.70|
|Beta (5Y monthly)||0.97|
|PE ratio (TTM)||40.67|
|Forward dividend & yield||1.00 (0.84%)|
|Ex-dividend date||14 Sept 2023|
|1y target est||N/A|
Smart Beta ETF report for RSPF
September is historically the worst month for the S&P 500. However, August wasn't a great one. The major index slipped 1.5% lower after delivering a 19.5% gain in the preceding seven months. Even with the S&P 500 stumbling somewhat, there were a few winners.
Payment industry stocks have been among the top performers in the financial sector over the years, but two look like particularly good buys as we move into the month of September: PayPal (NASDAQ: PYPL) and Global Payments (NYSE: GPN). Both of these growth stocks are undervalued at the moment and should provide some nice upside for investors. The past few years have been difficult for PayPal, the granddaddy of online payment platforms.