This Beaten-Down Growth Stock Is Still a Buy

I won't sugar-coat it. PayPal (NASDAQ: PYPL) has been one of the worst-performing stocks in the financial sector recently. Shares are down by more than 65% from their mid-2021 all-time high and have declined by 46% so far in 2022 alone. It's been a rapid fall for the fintech powerhouse many investors had been predicting would become a trillion-dollar company.

However, despite the terrible stock performance, PayPal could still be worth a closer look for patient investors willing to ride out the ups and downs. Here's a rundown of why PayPal has struggled recently, and why it is now at the top of my watch list.

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Source Fool.com