A Bull Market Is Coming: 1 Magnificent Growth Stock to Buy Before It Soars 120%, According to a Wall Street Analyst
The Motley Fool
DECEMBER 19, 2023
At the onset of the pandemic, PayPal Holdings (NASDAQ: PYPL) reported turbocharged growth as business closures and social distancing drove consumers online. But its momentum faded as high inflation stunted discretionary spending, so much so that management nixed its medium-term financial targets. Many investors interpreted that as a sell signal. PayPal stock had already started falling in response to economic uncertainty, but the sell-off accelerated when the company revised its outlook.
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