Is Now the Right Time to Buy PayPal Stock?

The S 500 is up close to 20% this year, a fantastic feat that brings it nearly up to its previous high from the end of 2021 and is bringing it ever closer toward a bull market. 

But the S 500 is only an index, or an average of 500 different stocks. It presents a good idea of how the overall market is performing, but it's not representative of every stock on the market. So while many stocks are soaring this year, a similar number are doing about average in performance, or even declining. 

(NASDAQ: PYPL) stock is up a mere 4% in 2023, and it's down almost 15% over the past year. The market clearly isn't enthused about PayPal right now. But that might present forward-thinking investors with an opportunity. Should you swim against the tide and buy PayPal stock right now?

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Source Fool.com