The Ultimate Growth Stock to Buy With $1,000 Right Now

It is hard to find growth stocks to buy at a reasonable price today. Many of the hottest stocks in the market are soaring to undesirable prices that will disappoint shareholders in the next few years. Not every stock is like this, however. There are a select few growth stocks that have great long-term prospects, a good management team, and a stock that doesn't trade in the stratosphere.Remitly Global (NASDAQ: RELY) is one of them. This undercovered financial services gem can deliver great gains for shareholders as it disrupts the remittance and international money transfer market around the globe. Here's why Remitly is the ultimate growth stock to buy with $1,000 right now.Remitly is using digital disruption and smartphones to solve an everyday problem for consumers around the globe: high fees on international money transfers. Banks charge flat fees that can eat into your transfer abroad to family, friends, or workers, while Western Union charges exorbitant fees as a % of transactions. With its easy-to-use mobile application, Remitly is one of the companies disrupting the money transfer game by offering lower fees to send money back home.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool