PayPal: Buy, Sell, or Hold?
Despite the market's strong showing so far this year, (NASDAQ: PYPL) hasn't experienced the same success. It's down about 17% versus the S 500's 19% rise. That's a drastic underperformance and might trigger investors to take action with the stock.
However, the stock price movement doesn't tell the full story, and there is a bull case to make. What should you do with PayPal stock? Let's find out.
PayPal's payment processing business hasn't grown at lightning-fast speeds over the past year, posting high-single-digit percentage revenue growth. There are some questions about why PayPal isn't growing faster, and some investors believe it is outdated in a world with so many payment options. It has also failed to establish a strong in-person presence, as the phone makers have championed their own apps (like Apple and Google Pay) over third-party ones like PayPal.
Source Fool.com
Paypal Holdings Inc Stock
Currently there is a rather positive sentiment for Paypal Holdings Inc with 37 Buy predictions and 11 Sell predictions.
With a target price of 74 € there is a hugely positive potential of 71.38% for Paypal Holdings Inc compared to the current price of 43.18 €.
