Is PayPal Stock a Millionaire Maker?
PayPal (NASDAQ: PYPL) was once a top stock to own among the investment community. In the five years leading up to their all-time high, the shares soared 724%. The business benefited tremendously from digital payments adoption during the pandemic.
However, growth has slowed in the years since. And the market has lost some of its enthusiasm toward the fintech stock, which trades 79% off its peak (as of Oct. 16). Despite the decline, there are reasons to be bullish on PayPal.
But can this stock make you a millionaire?
Source Fool.com
Paypal Holdings Inc Stock
€59.95
2.440%
The stock is one of the favorites of our community with 48 Buy predictions and 4 Sell predictions.
As a result the target price of 83 € shows a positive potential of 38.45% compared to the current price of 59.95 € for Paypal Holdings Inc.
