Will Warren Buffett Buy This Fintech Stock in 2024? Signs Point to Yes

Warren Buffett and his team at Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) aren't ones to buy stock on a whim. Each company they purchase first is rigorously examined for value investing criteria.

While we don't know what Buffett and company are eyeing next, we can scan the stock market for companies that fit their investment criteria, like cheap valuations, strong brands, and maybe certain industries (like banking, fintech or insurance). When doing this, I came across one stock Berkshire may be interested in purchasing: PayPal (NASDAQ: PYPL).

So, why PayPal? Well, it checks a lot of Buffett boxes. First, it's a company with a strong brand. PayPal has been around for a long time and is a payments processing name sellers and buyers trust. If you look at Buffett's portfolio, it's filled with names like Coca-Cola, American Express, and Kraft Heinz -- all recognized by consumers.

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Source Fool.com