PayPal Stock Has Strong Upside Potential - Here's Why
PayPal is one of the most widely-known fintech companies out there. It has taken a massive tumble recently from its highs of $310 and is now under $100, as you can see below.
With its valuation looking much more attractive now, we are bullish on the stock for the long term (the short term may see more downside because it’s still in a downtrend). In fact, analysts project that PYPL stock can almost double from here.
In the free TipRanks article linked below, we explain a few factors that make us bullish on PayPal, such as its valuation and forward estimates. Check it out!
Thanks for reading. Hope you find this article useful!
Also, check out: How to Find and Pick High-Quality Stocks to Invest In
and be sure to check out TipRanks and Finbox for fundamental analysis, and TrendSpider for charting software.