1 Growth Stock Down 79% to Buy Right Now
Growth stocks rarely go on sale. When they do, it pays to pay attention.
Typically, there are only two ways to buy a growth stock at a discount. The first method is to invest before it becomes a growth stock. The second way is to invest when the market begins to doubt whether it is still a growth stock.
The second scenario is playing out right now with (NASDAQ:PYPL) stock. For years, the shares traded at a premium due to high revenue growth rates. But during the past three years, the shares have fallen in value by about 79% peak to trough.
Source Fool.com
Paypal Holdings Inc Stock
The stock is one of the favorites of our community with 55 Buy predictions and 2 Sell predictions.
As a result the target price of 78 € shows a positive potential of 27.72% compared to the current price of 61.07 € for Paypal Holdings Inc.