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PayPal Hasn't Been This Cheap Since 2016

TheMotleyFool

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PayPal Hasn't Been This Cheap Since 2016

This has been a lackluster year for stock market investors. The S&P 500 is down 14% in one of the market's worst starts to a new year ever.

Investor concerns about inflationary pressures, rising interest rates and geopolitical conflicts are the main culprits. While most stocks have taken a hit, the brunt of the sell-off has been among some of the fastest-growing companies with high valuations. One company trading near its cheapest valuation ever today is PayPal (NASDAQ: PYPL).

Image source: Getty Images.

Source Fool.com

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