PayPal Q3: Expanding Into Large Enterprise Customers Via Fastlane

I initiated with a ‘Buy’ rating on PayPal (NASDAQ: PYPL ) (NEOE: PYPL:CA ) in March 2024, highlighting its growth in payment transactions and profitability. Since the initiation, the stock price has surged by more than 20%, outperforming the S&P 500 Index (Analyst’s Disclosure: I/we have a beneficial long position in the shares of PYPL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other th ...