Better Fintech Stock: PayPal vs. Robinhood
Which of these fintech leaders is a better buy right now?
PayPal (NASDAQ: PYPL) and Robinhood (NASDAQ: HOOD) are both well-known fintech stocks. PayPal owns one of the world's top digital payment platforms, the peer-to-peer payments app Venmo, and the backend payments provider Braintree. Robinhood provides free stock, options, and crypto trades on its namesake app.
But over the past three years, PayPal's stock fell more than 25% as Robinhood's stock soared nearly 280%. Let's see why the smaller online brokerage outperformed the fintech leader -- and if it's still the better investment.
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