Better Buy: Block vs. PayPal Stock

Despite strong bullish momentum for the broader market in 2023, many financial technologies stocks have continued to struggle this year. Notably, (NASDAQ: PYPL) has fallen 23% this year while Block (NYSE: SQ) is down 19%. Both stocks are now down about 82% from their respective peaks.

Which of these high-profile fintech companies stands as the better investment opportunity right now? Read on for a look at competing bull cases presented by two Motley Fool contributors.

Parkev Tatevosian: PayPal has done an excellent job of growing and becoming a giant in the payments industry. Indeed, the company has surpassed 400 million active accounts, increased revenue meaningfully over the last decade, and, most importantly, boosted profitability.

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Source Fool.com