It's tempting to think of PayPal Holdings (NASDAQ: PYPL) as something of an upstart. After all, it was spun off from parent company eBay (NASDAQ: EBAY) only seven years ago in 2015. But PayPal is already a giant. Its market cap of $129 billion makes it the 64th largest American public corporation -- sandwiched between industrial-sector mainstays Honeywell and Deere.

There's no doubt that it has come a long way in a short time. But will PayPal be able to maintain its place? Let's examine the bull and the bear case for the company.

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Source Fool.com