Don't Wait for a Market Crash: These 2 Top Stocks Are on Sale
The S 500 is up 32% from its low last October, while the Dow Jones Industrial Average has gained 23%. The recent stock run-up has many optimistic that a new bull market has arrived.
Despite the recent rally, some stocks have gotten left behind. PayPal (NASDAQ: PYPL) is down 76% from its all-time high after phenomenal growth during the pandemic. Meanwhile, 3M Company (NYSE: MMM) has gone through legal battles in recent years that are now coming to a resolution. While these stocks have faced challenges recently, they trade at dirt cheap valuations that deserve your attention. Here's why.
PayPal was a huge winner during the pandemic. In 2020 and 2021, the fintech added 122 million new accounts, surpassed $1 trillion in total payment volume, and grew its revenue by 43%. In February 2021, management set a bold goal: doubling its active accounts and free cash flow by 2025.
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.
