1 Stock I'm Buying Hand Over Fist in February Despite Wall Street's Pessimism
(NASDAQ: PYPL) has been one of the worst performers of the past couple of years. After the company experienced massive growth during the early days of the COVID-19 pandemic, its numbers started to slow down quickly, and investors realized that management's goal of reaching 750 million active users in the next few years was unrealistic.
As a result, the stock fell dramatically and remains down by more than 80% from its 2021 high. It's certainly down for a reason -- but at a valuation of about 12x free cash flow and a brand-new CEO who's already being aggressive about finding future growth opportunities, it looks like a steal for long-term investors.
In many ways, PayPal's business is performing extremely well. Total payment volume grew by 15% year over year in the fourth quarter, and the company beat expectations for both revenue and earnings. Operating margins improved significantly, as well, thanks to a renewed focus on expense controls.
Source Fool.com
Paypal Holdings Inc Stock
With 70 Buy predictions and 3 Sell predictions Paypal Holdings Inc is one of the favorites of our community.
With a target price of 75 € there is a slightly positive potential of 15.14% for Paypal Holdings Inc compared to the current price of 65.14 €.
