Is Remitly Global, Inc. (RELY) A Good Stock To Buy Now?

Is RELY a good stock to buy? We came across a bullish thesis on Remitly Global, Inc. on Valueinvestorsclub.com by compound248. In this article, we will summarize the bulls’ thesis on RELY. Remitly Global, Inc.'s share was trading at $21.61 as of April 28^th. RELY’s trailing P/E was 69.71 according to Yahoo Finance.

Remitly Global, Inc. (RELY) operates as a leading digital cross-border remittance platform focused on serving migrant and immigrant workers sending money to family abroad, positioning itself as a secular disruptor within a large global remittance market transitioning from...