Better Buy: PayPal Holdings vs. Discover Financial Services
Both PayPal Holdings (NASDAQ: PYPL) and Discover Financial Services (NYSE: DFS) have prospered in recent years amid a war on cash stocks. As society increasingly turns away from cash transactions, consumers and businesses depend on companies like these to process financial transactions.
Grandview Research predicts that digital payments will reach $132.5 billion by 2025, a compound annual growth rate of 17.6%. At this CAGR, a rising tide may lift all boats. However, the question remains whether PayPal or Discover will see a more significant increase over time. Let's take a closer look and see if the data can help determine which is the better investment.
Since its spinoff from eBay in 2015, PayPal stock has steadily risen as customers engaging in e-commerce and digital payments increasingly turn to the service.
Source Fool.com
