Here's Why I Just Bought PayPal Stock
While fintech stocks used to be the hottest group on Wall Street, that's no longer the case. Throw in some self-inflicted blunders, and you get a poorly performing stock.
This is what PayPal (NASDAQ: PYPL) has been. The stock currently trades around $65, a level last seen in 2017.
While PayPal deserved to be knocked off its $308 all-time high, it is undervalued at its current level. This and a few other reasons (four, in fact) prompted me to purchase PayPal stock recently. Read on to find out my other reasons and why I think it would be smart for other investors to follow suit.
Source Fool.com
Paypal Holdings Inc Stock
€71.64
3.060%
The stock is one of the favorites of our community with 64 Buy predictions and 1 Sell predictions.
As a result the target price of 75 € shows a slightly positive potential of 4.69% compared to the current price of 71.64 € for Paypal Holdings Inc.
