Better Fintech Stock: PayPal vs. SoFi Technologies
The financial technology, or fintech, industry was one of the hardest hit parts of the stock market in the post-pandemic bear market, but there are still some excellent opportunities. (NASDAQ: PYPL) is one great example with a stock price that is still about 70% below its 2021 peak and excellent turnaround progress in 2024, while SoFi (NASDAQ: SOFI) is an app-based bank with tremendous momentum.
However, these are two very different businesses. Here's a rundown of the bull cases for both stocks and what to keep in mind before you decide which is best for you.
After growth stagnated in the post-pandemic era and management didn't have a clear path to restoring the once-strong momentum, PayPal decided to make some big leadership changes. Not only was former Intuit (NASDAQ: INTU) executive Alex Chriss named CEO, but the entire executive leadership team was replaced.
Source Fool.com
Paypal Holdings Inc Stock
Our community is currently high on Paypal Holdings Inc with 43 Buy predictions and 9 Sell predictions.
As a result the target price of 79 € shows a very positive potential of 52.89% compared to the current price of 51.67 € for Paypal Holdings Inc.
