PayPal is getting the attention of stock market investors, as its valuation has reached inexpensive levels.
Fool.com contributor and finance professor Parkev Tatevosian highlights one catalyst that could boost Paypal's (PYPL 1.96%) stock price in 2023 and beyond.
*Stock prices used were the afternoon prices of May 23, 2023. The video was published on May 25, 2023.
Parkev Tatevosian, CFA has positions in PayPal. The Motley Fool has positions in and recommends PayPal. The Motley Fool recommends the following options: short June 2023 $67.50 puts on PayPal. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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