Here's Why PayPal Is a No-Brainer Value Stock
The pandemic accelerated the trend to digital payments, and (NASDAQ: PYPL) was a big winner. The company saw staggering growth and topped $1 trillion in total-payment volume in 2022, and the stock traded at a sky-high valuation.
However, the past few years have challenged the fintech. Discretionary spending dropped amid high inflation, and its staggering growth slowed. The company shifted its strategy, hired a new CEO, and is working to reinvent itself and hold on to its leadership position in the payment space. The 80% decline could be an excellent opportunity to scoop up shares of the fintech on the cheap. Here's why.
Image source: Getty Images.
Source Fool.com
Paypal Holdings Inc Aktie
61,64 €
-0,42 %
Paypal Holdings Inc sticht hervor mit 64 Buy- und nur 4 Sell-Einschätzungen.
Das von der Community festgelegte Kursziel von 75 € für Paypal Holdings Inc bedeutet eine mögliche Steigerung um über 20% im Vergleich zu 61.64 €.
