Is PayPal Stock Ridiculously Cheap?
PayPal(PYPL) The Motley Fool·2024-08-05 17:35
The stock is rising after better-than-expected quarterly earnings. Will this run of good fortune continue?The narrative around PayPal (PYPL -5.10%) stock has been bearish for a couple of years now. The stock price is off close to 80% from all-time highs set in mid-2021 and was trading under $50 a share at one point back in 2023. Today, the stock trades at around $62. Despite big competition from native e-commerce checkout, Apple and Alphabet's Google Pay, peer-to-peer services, and software providers such a ...