Is dLocal $DLO Stock a Buy Now? (My Next 10X Bagger Stock?)

dLocal has seen its stock fall nearly 60% from its highs. Is it time to load up on this hyper growth stock?

dLocal (NASDAQ: DLO), a Uruguayan fintech IPO unicorn, focuses on cross-border payments for emerging markets. The company helps connect users to merchants, and it has grown from $0 revenue to nearly $200 million in only 5 years. In its recent quarter, DLO reported a staggering 122% YoY revenue growth with an impressive 28.64% net profit margin. It is rare to see explosive growth with profitability, so it could be an attractive growth stock in a volatile 2022 environment. 

In today's video, I provide 10 minutes of due diligence, including company background, pros, cons, and even technical analysis on the stock price. I also let you know if I have been buying this stock, and at what price. Please watch and don’t forget to subscribe to the channel. 

#DLO #dLocal #fintech

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Disclaimer:
I have been investing in the stock market for over 20 years, but I am not a financial advisor or a legal professional, and I am not providing financial or legal advice. The information provided is for informational purposes only. It should not be considered legal or financial advice. You should consult with an attorney or other professional to determine what may be best for your individual needs. FIRED Up Wealth and Eric Cuka do not make any guarantee or other promise as to any results that may be obtained from using our content. No one should make any investment decision without first consulting his or her own financial advisor and conducting his or her own research and due diligence. Past performance is no guarantee of future results.