Should You Buy PayPal While It's Below $80?
The 2020s have been quite an up-and-down period for PayPal (NASDAQ: PYPL). After all, it was a star stock during the pandemic, but it slumped a bit when U.S. consumers started to emerge from their stay-at-home isolation.A good 2024 was followed by a discouraging earnings report early this year, and again the stock is in something of a slump. Does it have a decent chance of rising from its current sub-$80 level, and perhaps even approaching pandemic-era price peaks?PayPal's digital payments platform is so widespread that it's almost unnecessary to introduce the company. For those who somehow haven't come across it yet, it's a long-standing transaction system that facilitates online, mobile, and even in-person purchases and other monetary transactions.Continue reading
The 2020s have been quite an up-and-down period for PayPal (NASDAQ: PYPL). After all, it was a star stock during the pandemic, but it slumped a bit when U.S. consumers started to emerge from their stay-at-home isolation.
A good 2024 was followed by a discouraging earnings report early this year, and again the stock is in something of a slump. Does it have a decent chance of rising from its current sub-$80 level, and perhaps even approaching pandemic-era price peaks?
PayPal's digital payments platform is so widespread that it's almost unnecessary to introduce the company. For those who somehow haven't come across it yet, it's a long-standing transaction system that facilitates online, mobile, and even in-person purchases and other monetary transactions.
