Should Investors Buy PayPal Stock for 2024?

By Parkev Tatevosian, CFA – Dec 18, 2023 at 9:16AM

NASDAQ: PYPL

PayPal

Market Cap

$69B

Today's Change

(2.90%) $1.86

Current Price

$65.96

Price as of April 26, 2024, 4:00 p.m. ET

PayPal enters 2024 with a newly appointed CEO looking to turn around a stagnating stock price.

Fool.com contributor Parkev Tatevosian reviews PayPal's (PYPL 2.90%) prospects for 2024 and lets you know if the stock is a buy right now.

*Stock prices used were the afternoon prices of Dec. 15, 2023. The video was published on Dec. 17, 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.