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Payments leader Flywire (FLYW) broke out past its latest buy point and is currently in buying range amid a volatile market environment. That makes Flywire stock Tuesday's pick for IBD 50 Growth Stocks To Watch from Investor's Business Daily.
Flywire is a global payments company that specializes in processing complex, highly valuable transactions both at home and abroad. The company says it supports more than 5,100 clients in more than 140 currencies across 240 countries and territories around the world.
On May 5, Flywire swung to profit of 10 cents per share from a per-share loss of 3 cents a share a year earlier. Revenue jumped 43% to $184 million.
Looking ahead, **** ysts expect 2026 adjusted earnings to soar to 45 cents per share from 11 cents in 2025, an increase of 310%. They also anticipate a rise of 49% in 2027.
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