This Monster Stock Is Down 50% This Year
Stocks often move on the results disclosed in an earnings report, but the upticks and downticks just add some lively action on the way to long-term gains (or losses). It's always important to keep the big picture in mind when making investment decisions and not to sweat what are often small blips on a large radar screen.
One way downticks can be useful, however, is when they provide investors with the ability to buy shares of great companies when they're down, especially if the dip is significant. That's what's been going on with PayPal Holdings (NASDAQ: PYPL). Paypal's stock is down more than 50% this year, but its first-quarter earnings report confirms that this monster stock is far from finished.
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Source Fool.com
