From Nasdaq: 2024-09-14 05:45:00

PayPal (NASDAQ: PYPL) is showing promise with new leadership and direction. Revenue increased 9%, total payment volume was up 11%, and it processed $1.6 trillion in TPV in the past 12 months. With 429 million active users, the company is expanding its services and improving profitability.

While PayPal has a strong position in the market, younger fintech companies are offering more growth potential. With expanding partnerships and competition, some investors are considering other stocks like Visa or companies like Block for better returns. The future of PayPal’s turnaround remains uncertain.

Investors are advised to hold their PayPal stock for now. While growth investors may explore other options, those looking for a value buy could benefit from the current low stock price. It’s important to monitor the company’s progress and make informed decisions based on your investment strategy and risk tolerance.



Read more at Nasdaq: PayPal Stock: Buy, Sell, or Hold?