Better Buy: PayPal Holdings, Inc. vs. American Express
PayPal (NASDAQ: PYPL) and American Express (NYSE: AXP) both make money by processing payments, but the two companies have very different business models. PayPal's platform facilitates online payments across PCs, mobile devices, and various point-of-sale terminals. American Express is the world's largest credit card issuer by purchase volume, and generally serves higher net worth individuals.
PayPal surged nearly 70% this year, while American Express rallied more than 20%. Does that difference indicate that internet-based payment networks are now overtaking traditional card-based ones? Or is American Express a better value play with more upside potential?
Image source: Getty Images.
Source: Fool.com
Costco Wholesale Stock
€753.80
0.480%
The stock is an absolute favorite of our community with 69 Buy predictions and no Sell predictions.
As a result the target price of 804 € shows a slightly positive potential of 6.66% compared to the current price of 753.8 € for Costco Wholesale.
