Why Online Payments Stock Shift4 Should Outpace Its Rivals

Why Online Payments Stock Shift4 Should Outpace Its Rivals

Owning online payment stocks has been painful for the past two months. That’s created an opportunity in at least one smaller company in the space—Shift4 Payments.

Everything was fine for payment stocks for much of the year. The ETFMG Prime Mobile Payments exchange-traded fund (ticker: IPAY) had gained 5.8% through Oct. 19—not great, but not too bad, considering its 34% rise in 2020. Then the bottom fell out. Since then, the ETF has dropped 20%, while big players like PayPal Holdings (PYPL), Block (SQ)—formerly Square—and…

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