PayPal Is Yesterday's News. Is This Fintech Stock the Better Buy?
The digital payments enterprise is cheap, but it continues to operate from a position of fundamental weakness.
Overview
In the eyes of investors, PayPal (NASDAQ: PYPL) is in a troubling downward spiral. The shares currently trade 82% off their peak (as of Oct. 7), which was set all the way back in July 2021. During that same period of time, the S&P 500 index has climbed 77%.
PayPal looks like yesterday's news. Is another fintech stock the better buy right now?
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.