Some investors might be surprised to hear that (NASDAQ: PYPL) was founded more than two decades ago, with a leadership team that included wildly successful entrepreneurs such as Peter Thiel, Steve Chen, Max Levchin, and Elon Musk. These people have gone on to create other valuable businesses over the years.
But it's safe to say that PayPal has been a disappointment for investors more recently. As of this writing, the stock has declined 74% during the last three years, compared to a 14% gain by the Nasdaq Composite index. That might prompt existing shareholders to dump their stakes, and lead those on the sidelines to avoid even considering the stock.
I believe that would be a mistake, because this might be a rare opportunity. Here are three reasons investors should seriously consider buying this well-known fintech stock.
Source Fool.com