Paypal Could Easily 2x From This Level, Would You Buy?
@Mickey082024:
$PayPal(PYPL)$ A while back, around October last year, I wrote an article on paper when the stock was trading at approximately $53. At the time, I mentioned that I would likely buy the stock if I didn’t already own Amex. Now, I no longer hold Amex, and it has performed well. The Honey Scandal and Stock Decline First, the Honey scandal came to light—where Honey was replacing cookies to claim commissions—and since then, the stock has dropped significantly, now back down to $70. The key question now is: Is the company still showing growth potential, and should we consider buying the stock? Earning Overview PayPal is demonstrating a return to profitable growth in transactions, which was a concern for many. The transaction business has always been high