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There are several factors pushing this stock down, but I will argue it is an overreaction.
Fool.com contributor Parkev Tatevosian highlights his reasons for thinking PayPal (PYPL 1.27%) is one beaten-down growth stock that offers investors a good risk-vs.-reward proposition.
*Stock prices used were the afternoon prices of Sept. 8, 2023. The video was published on Sept. 10, 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 December 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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