Better Buy: Discover vs. PayPal Stock
While the broader market has enjoyed a strong rally this year, many top financial stocks have continued to struggle. Within that category, Discover Financial Services (NYSE: DFS) has slumped roughly 8% in 2023. Meanwhile, PayPal Holdings (NASDAQ: PYPL) is down 12% in the same time span.
Which of these underperforming stocks looks like the better buy right now? Read on for a look at both and a determination of which company is the better play for long-term investors.
PayPal stock is now down roughly 80% from the high that it reached in July 2021. For a highly profitable business that's still growing revenue at a solid clip, the company's current valuation looks downright cheap.
Source Fool.com
Paypal Holdings Inc Stock
€52.56
2.300%
Our community is currently high on Paypal Holdings Inc with 31 Buy predictions and 14 Sell predictions.
As a result the target price of 56 € shows a slightly positive potential of 6.54% compared to the current price of 52.56 € for Paypal Holdings Inc.
