Low Valuation, Strong Results, Upcoming Catalysts Make PayPal Stock A Buy
PayPal(PYPL) Seeking Alpha·2024-09-06 15:09
Sundry Photography PayPal's (NASDAQ:PYPL) generally upbeat second-quarter financial results, along with its increased Q3 guidance, suggest that worries about the fintech company's market share are overdone. Moreover, statements by PayPal's management also support the latter conclusion, and the rapid, expected growth of the digital payments market should also help dull the blow of any market share losses by the firm. Also, importantly, the relatively low valuation of PayPal stock makes the shares attractive ...