PayPal Stock Is Up 34% From Its 5-Year Low. It's Time to Buy.
PayPal(PYPL) InvestorPlace·2024-03-30 15:17
There hasn’t been a lot of good news to report for PayPal (NASDAQ:PYPL) shareholders over the past five years. PYPL stock is down 35% in this period, 121 percentage points worse than the S&P 500 on a relative basis. There are many reasons for this lack of performance. However, if you’re a glass-half-full person, that it’s up 34% since hitting a five-year low on Oct. 27, 2023, might help.It is an indication that the worst could be over for CEO Alex Chriss, who officially took over the top job on Sept. 27, 20 ...