1 Reason I Will Never Sell PayPal Stock
Over the past few years, (NASDAQ: PYPL) has faced slowing revenue and user growth, increased competition, and an uncertain macroeconomic environment, all of which have contributed to its stock lagging that broader market. The fintech specialist isn't out of the woods yet, but in my view, it can bounce back. As a shareholder, there is one key reason I intend to stick with PayPal for the long term.
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Having a brand that consumers recognize and trust is incredibly important. It can give businesses strong pricing power, the ability to attract and retain customers while spending less on advertising, and many more perks. PayPal, a pioneer in online payment processing, has successfully built a solid brand name that people trust, and a large ecosystem of consumers and business clients. Those are significant competitive advantages.
Source Fool.com
Paypal Holdings Inc Stock
Currently there is a rather positive sentiment for Paypal Holdings Inc with 43 Buy predictions and 9 Sell predictions.
With a target price of 79 € there is a hugely positive potential of 51.4% for Paypal Holdings Inc compared to the current price of 52.18 €.
