Remitly Global Doesn't Pay a Dividend and Constantly Dilutes Shareholders. Here's Why I'd Still Buy and Hold It Forever.
Share count growth should not be ignored, but it doesn't make a company uninvestable.
Remitly Global, a remittance disruptor with no dividend and consistent shareholder dilution, is an intriguing investment option for value-focused investors. Despite its high price-to-earnings ratio, Remitly's mobile-first service and global expansion have driven consistent revenue and earnings growth. This digital money transfer solution reduces costs for consumers and businesses, enabling money transfers to various destinations, including digital bank accounts and cash pick-up points worldwide.
Given its market share expansion and growth potential, I believe Remitly stock is a valuable investment opportunity that investors should consider buying and holding forever.
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