1 Growth Stock Down 79% to Buy Right Now
The Motley Fool
MARCH 17, 2024
In 2020, when growth rates were above 20% per year, PayPal stock traded at a price-to-sales ratio of 15. The number of payment transactions executed with PayPal grew 12% in 2023, driven by a 14% bump in transactions per active account. Since 2022, however, revenue has grown by only 8% to 10% per year. times sales.
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