Is It Too Late to Buy PayPal Stock?
PayPal Holdings (NASDAQ: PYPL) has been a loser on Wall Street for a long time. It lost its way and much of its stock value over the past few years, but things might be brightening up. Is there still a runway ahead, or did you miss the chance to buy this once-hot stock?
There are more than 400 million people in the world who have a PayPal account. That's more than the entire population of the U.S., plus Canada and a few more countries. PayPal is a trusted platform to use for purchases and digital payments, and no one should think that PayPal is done for.
It made the right move to bring in a new CEO when growth began to fade and it looked like the company needed a refresher. It still has its top brand and platform, and it's making the necessary changes to protect that.
Source Fool.com