15 Best Growth Stocks to Buy for the Next 3 Years

13. Shift4 Payments Inc. (NYSE:FOUR)

3-Year Revenue CAGR: 34.54%

Number of Hedge Fund Holders: 38

Shift4 Payments Inc. (NYSE:FOUR) provides software and payment processing solutions. It offers a payment platform for omnichannel card acceptance and processing solutions across multiple payment types like MasterCard & Apple Pay. It also provides software partner operations and support services, such as software integrations and compliance management.

In Q4 2024, volumes on Shift4’s Unified Commerce platform saw a 660% year-over-year increase. For the full year 2024, these volumes were up 319%. This was fueled by the platform’s ability to offer a single integration for card-not-present transactions globally, which helped attract diverse enterprise clients like St. Jude, Allegiant Airlines, BetMGM, and Wolt, as well as a record number of non-profit organizations.

The platform supports pay-ins, payouts, cross-border transactions, merchant of record capabilities, and various alternative payment methods. Shift4 Payments Inc. (NYSE:FOUR) anticipates another year of very strong growth in this segment, particularly as large partners like Give Lively fully scale their integrations. The company also sees potential in the crypto space, having announced the capability for merchants to accept crypto payments across all its products.

ClearBridge SMID Cap Growth Strategy stated the following regarding Shift4 Payments, Inc. (NYSE:FOUR) in its Q2 2024 investor letter:

“Stock selection in the financials sector provided a positive offset. Shift4 Payments, Inc. (NYSE:FOUR), a software and payment processing solutions company, also saw positive returns during the period, with management increasing the top end of their full-year guidance for end-to-end payments volume.”