3 Things You Need to Know If You Buy PayPal Today
Amid an uncertain macroeconomic environment, (NASDAQ: PYPL) continues posting healthy gains. Revenue and adjusted earnings per share were up 8% and 20%, respectively, in the third quarter.
While these were solid numbers, the stock isn't doing too well. It's down 20% so far this year, lagging the double-digit percentage gains of both the S 500 and the Nasdaq Composite indexes. Trading at a forward price-to-earnings ratio of just 11.4, it's a potentially lucrative investment opportunity.
If you're thinking about buying shares of this fintech pioneer today, here are three things to know about the business first.
Source Fool.com