3 Reasons to Buy PayPal Stock Like There's No Tomorrow
PayPal (NASDAQ: PYPL) stock has had a bit of a resurgence during the past year, increasing 29% since the beginning of 2024. CEO Alex Chriss, who took over the top role in late 2023, is looking to improve its offerings and revamp its service after investor concerns about slowing growth.Its recent results, however, didn't exactly deliver what investors hoped for, and the stock plunged 13% in the days after its latest earnings announcement. However, here are three reasons the stock presents a compelling buying opportunity for long-term investors today.PayPal operates in the digital payments industry and has been a leader in ushering in this new era of commerce since its founding in 1998. The company has forged a reputation as a trusted mover of money and is one of the most popular digital payment apps in the U.S. today.Continue reading
PayPal (NASDAQ: PYPL) stock has had a bit of a resurgence during the past year, increasing 29% since the beginning of 2024. CEO Alex Chriss, who took over the top role in late 2023, is looking to improve its offerings and revamp its service after investor concerns about slowing growth.
Its recent results, however, didn't exactly deliver what investors hoped for, and the stock plunged 13% in the days after its latest earnings announcement. However, here are three reasons the stock presents a compelling buying opportunity for long-term investors today.
PayPal operates in the digital payments industry and has been a leader in ushering in this new era of commerce since its founding in 1998. The company has forged a reputation as a trusted mover of money and is one of the most popular digital payment apps in the U.S. today.
