PayPal Stock Looks Like a Bargain. Is It Time to Buy?
Shares of (NASDAQ: PYPL) are trading for 76% less than the peak price they reached nearly two years ago. But that doesn't necessarily make it a smart stock to buy. The stock is down because the payment processor's earnings also declined from their previous peak.
Even experienced investors can sometimes forget that no matter how far a stock has already fallen, it can keep falling until it reaches zero. If PayPal's earnings start contracting again, investors who buy the stock now, at what looks like a bargain price could still suffer significant losses.
Let's take a quick look at how well PayPal's underlying business is performing to see if the stock market is responding rationally to the company's earnings contraction.
Source Fool.com
Paypal Holdings Inc Aktie
61,64 €
-0,42 %
Die Community sieht Paypal Holdings Inc positiv: Viel mehr Buy- als Sell-Einschätzungen.
Ein Kursziel von 75 € für Paypal Holdings Inc könnte zu einer Steigerung von mehr als 20% gegenüber dem aktuellen Kurs von 61.64 € führen.
