PayPal Stock Can Return to Rapid Growth With Killer New Features Like This
For the past few years, 's (NASDAQ: PYPL) stock has been hampered by the company's slowing growth. To be sure, revenue still heads higher nearly every quarter, but it's at a pace that's far lower than the market had grown to expect. A slowdown in growth has forced the share price lower, from $300 to $60 over just two years. The slide in share price also came with a collapse in valuation multiples.
However, recent news suggests that a new runway for growth could be right around the corner, providing a strong investment case for growth and value investors alike.
To understand PayPal's latest fall from grace, it's important to understand why the stock skyrocketed to such heights in the first place.
Source Fool.com