Is PayPal Stock a Buy Now?
Many investors once considered PayPal (NASDAQ: PYPL) to be a stable blue chip play on the secular expansion of the digital payments market. Yet its stock has pulled back about 80% after hitting a record high of $308.53 on July 23, 2021. That decline was largely driven by concerns about its slowing growth, macro challenges, and overheated valuations.
But has PayPal's steep sell-off actually created an attractive entry point for long-term investors who can ride out the near-term volatility? Let's review this fintech leader's recent challenges, stabilization strategies, and valuations to decide.
Image source: PayPal.
Source Fool.com
Paypal Holdings Inc Aktie
63,54 €
0,94 %
Starkes Buy-Sentiment bei Paypal Holdings Inc mit 69 Buy- gegenüber 2 Sell-Einschätzungen.
Das Kursziel von 75 € für Paypal Holdings Inc weist auf eine leichte Verbesserung gegenüber dem aktuellen Kurs von 63.54 € hin.
