3 Reasons to Make Friends with PayPal in the Bear Market
As investor sentiment turns away from stocks in bear markets, the selling might become more indiscriminate. As this process plays out, the underlying condition of the business supporting the stock can get forgotten in this process.
This phenomenon may explain some of the selling in fintech stock PayPal Holdings (NASDAQ: PYPL) during this latest market swoon. What investors may not realize is that an economic downturn is unlikely to take out PayPal. That suggests the lower stock price could ultimately profit long-term investors.
Let's take a closer look at three key reasons why PayPal stock offers real potential in a bear market.
Source Fool.com
