3 Undebatable Reasons 2024 Could Be This Stock’s Best Year Ever

From “NASDAQ”:

PayPal (NASDAQ: PYPL) has seen a decline by 11%, making it a disappointing year for investors. New CEO Alex Chriss plans to make the company leaner and more effective, which could lead to better profitability. The company has $4.8 billion in net cash on the balance sheet and is expected to generate $4.6 billion in free cash flow in 2023. Economic conditions could also favor PayPal, and the stock’s valuation offers meaningful upside. Is PayPal a good investment? The Motley Fool identified 10 best stocks to buy now, but PayPal wasn’t one of them.



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