You're reading a free article with opinions that may differ from The Motley Fool's Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More
PayPal stock is down 80% since its 2021 high. Is PYPL stock a buy right now?
In this video, I will talk about PayPal (PYPL 2.90%), especially the recent downgrade it got from MoffettNathanson, and why I believe that the arguments given shouldn't worry investors as these are already known and have been addressed. PayPal is trading at prices not seen since 2017.
*Stock prices used were from the trading day of Sept. 18, 2023. The video was published on Sept. 19, 2023.
Neil Rozenbaum has no position in any of the stocks mentioned. 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. Neil 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.
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.
