1 Spectacular Growth Stock Down 81% to Buy Hand Over Fist in 2024

By Parkev Tatevosian, CFA – Mar 14, 2024 at 8:12AM

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

Management said its forecast for 2024 is a conservative outlook.

Fool.com contributor Parkev Tatevosian discusses why he places this growth stock on his list of top stocks to buy.

*Stock prices used were the afternoon prices of March 11, 2024. The video was published on March 13, 2024.

Parkev Tatevosian, CFA has positions in PayPal. The Motley Fool has positions in and recommends PayPal. The Motley Fool recommends the following options: short March 2024 $67.50 calls 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.