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I'm More Excited About This Fintech Stock Than Ever Before -- Here's Why

Despite strong earnings results, this payments leader is still a massively cheap stock.

By Matt Frankel, CFP – May 1, 2024 at 6:03AM EST

PayPal (PYPL 1.57%) recently reported first-quarter earnings that surpassed analyst expectations and increased its full-year guidance. In this video, I'll discuss the numbers that made me extremely happy, and why I'm a buyer of this fintech leader at these levels.

*Stock prices used were the afternoon prices of April 30, 2024. The video was published on April 30, 2024.

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About the Author

Matt Frankel, CFP
Matt Frankel, CFP, is a contributing Motley Fool stock market analyst specializing in the real estate and financial sectors. Prior to The Motley Fool, Matt taught high school and college mathematics. He holds a bachelor’s degree in physics from the University of South Carolina, a master’s degree in mathematics from Nova Southeastern University, and a graduate certificate in financial planning from Florida State University. He won a SABEW award for coverage of the 2017 Tax Cuts and Jobs Act. He is also regularly interviewed by Cheddar, Globe St, The National Desk, and other TV networks and publications for his real estate, financial, stock market, and investing expertise.
TMFMattFrankel
X@MattFrankelCFP

Matt Frankel has positions in PayPal. The Motley Fool has positions in and recommends PayPal. The Motley Fool recommends the following options: short June 2024 $67.50 calls on PayPal. The Motley Fool has a disclosure policy.

Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

PayPal Stock Quote
PayPal
NASDAQ: PYPL
$45.24
(-1.61%)-$0.74

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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