Down 40%, This Top Growth Stock Trades at a Bargain Basement Price
PayPal (NASDAQ: PYPL) has gotten pummeled over the past year. Shares of the payments giant have plunged around 40% because of slowing growth and higher interest rates. Despite those issues, the company expects to continue growing this year.
Shares now trade at a very cheap valuation. Here's a closer look into the financial technology company's value proposition.
PayPal has been growing rapidly over the last several years:
Source Fool.com