Here's Why PayPal Is a No-Brainer Value Stock
The pandemic accelerated the trend to digital payments, and (NASDAQ: PYPL) was a big winner. The company saw staggering growth and topped $1 trillion in total-payment volume in 2022, and the stock traded at a sky-high valuation.
However, the past few years have challenged the fintech. Discretionary spending dropped amid high inflation, and its staggering growth slowed. The company shifted its strategy, hired a new CEO, and is working to reinvent itself and hold on to its leadership position in the payment space. The 80% decline could be an excellent opportunity to scoop up shares of the fintech on the cheap. Here's why.
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Source Fool.com
Paypal Holdings Inc Stock
€56.63
-1.200%
The stock is one of the favorites of our community with 54 Buy predictions and 2 Sell predictions.
As a result the target price of 78 € shows a positive potential of 37.74% compared to the current price of 56.63 € for Paypal Holdings Inc.
