The expression "it's a game of runs" will be familiar to basketball fans. Here's the logic behind it: One team rarely dominates a game from beginning to end -- it has highs and lows throughout. In many ways, equities behave much the same way. Companies, even the best of them, never have smooth, uninterrupted, northbound runs -- they have highs and lows.

It's a game of runs. That's why when a stock is going through a rough patch, it might still be worth investing in for long-term investors, provided it has the tools to turn things around. Let's look at one stock that has seen challenging days since January 2022: PayPal Holdings (NASDAQ: PYPL). Here's why this fintech giant is still a top buy-and-hold option.

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Source Fool.com