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.
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!
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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.