3 Growth Stocks That Are Benefiting from the Digital Transformation Trend

Here are three ways to profit from the digital transformation of society. Digital Realty ( DLR ): With a yield of about 5.2%, DLR owns, acquires, develops, and operates data centers, which will be beneficial for the stock. SoFi ( SOFI ): The company is making it easier for millions of people to manage their money in one app. Fintech ETF ( FINX ): Diversification among top financial tech stocks, at a low cost. Source: MEE KO DONG / Shutterstock With the rampant digital transformation of society, investors could be looking at $1.25 trillion “in additional market capitalization across all Fortune 500 companies,” according to Markets and Markets Deloitte . All as millions of companies integrate newer digital technologies into corporate operations, and rethink ways to provide further consumer value. Banks, for example, are fast-tracking digital transformation efforts to meet the demand for far more efficient, personalized financial services. In fact, here are some of the top growth stocks to consider as the story explodes. Plus, according to a Broadridge Report , “A majority of financial services firms now view digital transformation as essential to their business and are doubling down on their financial commitments as they anticipate further […]

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