PayPal gearing up for a breakout despite shifting sentiment

Key PointsEconomic headwinds in 2022 and 2023 slowed PayPal's growth.Analyst ratings for PayPal are mixed, with a current "hold" rating, reduced optimism and recent downgrades.The chart suggests a potential breakout as PayPal consolidates between key moving averages, hinting at a turnaround if it breaks above the 200-day SMA.5 stocks we like better than PayPalFew names outperformed PayPal Holdings Inc. NASDAQ: PYPL during the COVID-19 pandemic. Imagine a company that not only weathered the storm of the COVI ...