Better Bear Market Buy: Affirm vs. PayPal
Valuations for fintech companies have gotten hit hard this year amid high levels of inflation, rapidly rising interest rates, and investors shying away from risks associated with growth stocks. Buy now, pay later upstart Affirm Holdings (NASDAQ: AFRM) and payments giant PayPal Holdings (NASDAQ: PYPL) have each been feeling the squeeze, and their share prices have fallen 86% and 70%, respectively, from lifetime highs.
Which of these beaten-down fintech stocks is the better buy at today's prices? Read on to see why one of these companies is probably a better fit for most investors.
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Source Fool.com
