5 Struggling Stocks to Buy at a Discount
Some stocks might struggle to gain market traction, but that doesn't necessarily mean they are bad investments. There are plenty of valid reasons a stock underperforms what investors expect. It could be as simple as the stock not offering what the market is looking for at that particular time.
For long-term investors with the patience to give great companies with struggling stocks a chance, this kind of situation means opportunity. Let's take a look at five opportunities to get a struggling stock at a discount and potentially add a great company (or companies) to your investment portfolio.
's (NASDAQ: PYPL) stock price peaked roughly two years ago and it has struggled ever since. The stock has dropped like a rock since topping out at more than $309 a share in July 2021. Now, it trades for around $70, a level not seen since 2017. A lot of that downturn was self-inflicted as the company failed to meet growth goals and generated some poor performance, but this stock sell-off has been overdone.
Source Fool.com
Paypal Holdings Inc Stock
The stock is one of the favorites of our community with 58 Buy predictions and 2 Sell predictions.
As a result the target price of 74 € shows a positive potential of 35.9% compared to the current price of 54.45 € for Paypal Holdings Inc.
