Facing high levels of inflation, rising interest rates, and other macroeconomic pressures, fintech stocks have gotten crushed this year. Even category-leading companies like PayPal Holdings (NASDAQ: PYPL) are feeling the pressure. The company's share price has slid 54% year to date and trades down roughly 72% from the high that it hit in the summer of 2021.
Will PayPal go on to be a big winner for investors who buy shares at today's prices, or is the company on track to continue underperforming compared to the broader market? Let's explore the bull and bear cases for this fintech stock.
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Source Fool.com