(NASDAQ: PYPL) was once the top name in financial technology. It's still the dominant player in the fintech field, but it has lost its luster. Investors haven't been pleased with its progress, and PayPal stock is down 27% over the past year.
There's a lot of change taking place right now at the company as it strives to right its ship. Let's go through the bull and bear cases for PayPal and see if its stock is worth taking a chance on.
Parkev Tatevosian: My bull case for PayPal stock centers around the convenience the company adds to the digital buying process. People using PayPal can purchase more quickly and conveniently than those who are taking out their debit or credit cards for a transaction. Over the years, that customer value proposition has attracted hundreds of millions of customers to its platform and increased its revenues and profitability.
Source Fool.com