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Here's Why Paypal (PYPL) Gained But Lagged the Market Today
Zacks Investment Research· 2024-04-22 22:51
The most recent trading session ended with Paypal (PYPL) standing at $62.79, reflecting a +0.76% shift from the previouse trading day's closing. This move lagged the S&P 500's daily gain of 0.87%. Meanwhile, the Dow gained 0.67%, and the Nasdaq, a tech-heavy index, added 1.11%.The the stock of technology platform and digital payments company has fallen by 3.8% in the past month, leading the Computer and Technology sector's loss of 5.98% and the S&P 500's loss of 3.97%.Market participants will be closely fol ...
1 Undervalued Growth Stock Down 79%: But Don't Buy and Hold Until You Know These 3 Risks
The Motley Fool· 2024-04-21 23:30
It's always a good idea for investors to learn the bearish arguments for any business.The S&P 500 and Nasdaq Composite have been on an impressive run since the start of 2023. This bullish sentiment might have investors worried that they can't find attractive buying opportunities.Yet, there are still cheap businesses to buy, and I think PayPal (PYPL 0.34%) is one of them. Shares of the online payments service have cratered over the past few years and recently sat nearly 80% below their peak price. But the st ...
2 Reasons to Keep Paypal on Your Watch List
The Motley Fool· 2024-04-21 16:15
This fintech giant is undergoing a turnaround process which, if successful, could generate massive value for investors.The last few years have been difficult for PayPal Holdings Inc.'s (PYPL 0.34%) investors as they witnessed a massive contraction in PayPal's stock -- the price fell close to 80% from its peak of $309 .Although existing investors are understandably frustrated, potential investors have compelling reasons to pay attention to this leading fintech. This article will highlight two of those reason ...
2 Potentially Explosive Crypto Stocks to Buy in April
The Motley Fool· 2024-04-20 09:30
Both PayPal and Block are directly exposed to the rapid rise of crypto payments.With Bitcoin prices still above $60,000, the crypto market remains red hot despite a recent pullback. If you want to increase your exposure, you could of course buy Bitcoin directly, or any other cryptocurrency for that matter.But there are other ways to increase your exposure to crypto, even through conventional stocks. Two crypto stocks in particular are primed for an explosive 2024 and beyond.This stock is betting on crypto f ...
PayPal Leads $19 Million Series A for B2B Card Platform Pliant
PYMNTS· 2024-04-17 18:00
B2B credit card platform Pliant is planning to expand after raising $19 million.The funding round, announced Wednesday (April 17) was led by PayPal Ventures and brings the Berlin-based Pliant’s total Series A financing to north of $53 million.“We are excited to welcome PayPal Ventures as a new shareholder, and we’re looking forward to continuing to grow the company as we expand into new markets, starting with the UK,” Malte Rau, CEO of Pliant, said in a news release.According to the release, Pliant’s cards- ...
If You'd Invested $500 in PayPal 5 Years Ago, Here's How Much You'd Have Today
The Motley Fool· 2024-04-17 09:45
PayPal stock has been a roller coaster. Patient shareholders are likely disappointed.PayPal (PYPL -0.13%) stock hasn't been for the faint of heart. Over the past five years, the shares have zoomed higher, nearly tripling in price, only to give up those gains entirely.If you had invested $500 in PayPal stock five years ago, you'd only have roughly $295 today. The company simply hasn't proven a winning investment. But with shares trading near all-time lows, there's a chance that now is finally the time to buy ...
PayPal's User Decline Won't Stop Its Double-Digit Upside
MarketBeat· 2024-04-16 13:09
Key PointsPayPal is a sitting duck for investors who missed the rally in technology stocks. After falling 18% this year on fears born off a decline in net users, investors may have a value play in their hands.Fundamentals are still the same, with profitable KPIs rising.5 stocks we like better than Bank of AmericaAfter the technology sector in the U.S. led indexes like the S&P 500 and the NASDAQ to new all-time high levels, investors may realize that not all stocks enjoyed the same run as names like Nvidia C ...
Paypal (PYPL) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Zacks Investment Research· 2024-04-15 22:51
The latest trading session saw Paypal (PYPL) ending at $63.51, denoting a -1.67% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a loss of 1.2% for the day. Meanwhile, the Dow lost 0.65%, and the Nasdaq, a tech-heavy index, lost 1.79%.Shares of the technology platform and digital payments company witnessed a gain of 2.77% over the previous month, beating the performance of the Computer and Technology sector with its loss of 0.51% and the S&P 500's loss of 0.85%.Ma ...
If You Invested $10,000 In Tesla 10 Years Ago, This Is How Rich You Would Be Today
24/7 Wall Street· 2024-04-14 12:16
If You Invested $10,000 In Tesla 10 Years Ago, This Is How Rich You Would Be Today Loren Elliott/Getty Images Among “The Magnificent Seven” stocks that have been buoying the Dow Jones Industrial Average to new heights, none of those companies’ founders eclipses their company’s product or service more than Tesla’s (NASDAQ: TSLA) Elon Musk. While Musk’s involvements with satellite and aerospace designer SpaceX, cryptocurrency Dogecoin, and social media company X (formerly Twitter) often overshadow Tesla’s E ...
PayPal: Misunderstood Growth Story Spells Opportunity
Seeking Alpha· 2024-04-13 16:00
Michael Vi/iStock Editorial via Getty Images PayPal Holdings, Inc. (NASDAQ:PYPL) investors have endured another roller coaster ride over the past two months, following PayPal's relatively weak guidance at its fourth-quarter earnings call in early February 2024. As a reminder, I upgraded my thesis on PYPL to a Buy pre-earnings, as I assessed that buying accumulation was constructive. However, I didn't expect PayPal's outlook to be more cautious than anticipated, leading to a steep post-earnings selloff. ...