Let the Haters Hate! PayPal Stock Is Still Great.
PayPal(PYPL) InvestorPlace·2024-02-16 11:25
The market has turned against PayPal (NASDAQ:PYPL), but that’s not a bad thing. A temporary shift in sentiment shouldn’t change your PYPL stock outlook. Indeed, the stock’s recent drop presents an opportunity to buy cheaper shares of a payments processor with Street-beating results.PayPal is in a transitional phase in 2024. CEO Alex Chriss has a turnaround plan in place that includes laying off 9% of PayPal’s staff.Yet, some PayPal stock traders aren’t being patient and seem to expect too much of the compan ...