Is Now the Right Time to Buy PayPal Stock?
The S 500 is up close to 20% this year, a fantastic feat that brings it nearly up to its previous high from the end of 2021 and is bringing it ever closer toward a bull market.
But the S 500 is only an index, or an average of 500 different stocks. It presents a good idea of how the overall market is performing, but it's not representative of every stock on the market. So while many stocks are soaring this year, a similar number are doing about average in performance, or even declining.
(NASDAQ: PYPL) stock is up a mere 4% in 2023, and it's down almost 15% over the past year. The market clearly isn't enthused about PayPal right now. But that might present forward-thinking investors with an opportunity. Should you swim against the tide and buy PayPal stock right now?
Source Fool.com
Paypal Holdings Inc Stock
With 51 Buy predictions and 2 Sell predictions Paypal Holdings Inc is one of the favorites of our community.
With a target price of 78 € there is a positive potential of 33.84% for Paypal Holdings Inc compared to the current price of 58.28 €.
