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Two of our contributors agree that this turnaround play could be a home run for patient investors.
PayPal (PYPL 1.44%) hasn't exactly been a great performer recently. After growth stagnated in the post-pandemic years, the stock has fallen by about 75% from its all-time high. However, as two of our top contributors discuss in this video, PayPal's new management team might have a few tricks up their sleeves.
*Stock prices used were the morning prices of Aug. 20, 2024. The video was published on Aug. 21, 2024.
Jon Quast has no position in any of the stocks mentioned. Matt Frankel has positions in PayPal. The Motley Fool has positions in and recommends PayPal. The Motley Fool recommends the following options: short September 2024 $62.50 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.
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