1 Incredibly Cheap Fintech Stock to Buy Now
Investing behind broad secular trends that are shaping the economy can be a shrewd way to allocate capital. The blending of financial services and technology is one exciting area. To be more specific, one company that has long dominated electronic payments deserves a closer look.
For investors wanting to gain exposure to the fintech niche, it's a smart idea to consider PayPal Holdings (NASDAQ: PYPL). Here's why this incredibly cheap stock should be on your radar.
Since their spinoff from eBay in July 2015 to their all-time high in July 2021, PayPal shares were up an astronomical 740%. However, it's been a sad story after that point. The stock currently trades 77% below the peak and at a forward price-to-earnings ratio of 16.4.
Source Fool.com
Paypal Holdings Inc Stock
€61.32
-5.170%
The stock is one of the favorites of our community with 64 Buy predictions and 3 Sell predictions.
As a result the target price of 82 € shows a positive potential of 33.72% compared to the current price of 61.32 € for Paypal Holdings Inc.
