PayPal has gone from being one of the market’s most expensive stocks to one of its cheapest – and it’s now cheap enough to buy, Ben Levisohn writes in this week’s edition of Barron’s. The bad news is that PayPal will never return to the growth of old. The good news is that it doesn’t need to. With a new CEO, Alex Chriss, leading the charge, change is coming – change that should help reverse the recent weakness, the author says.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on PYPL:
- PayPal call volume above normal and directionally bullish
- PayPal appoints Aaron Webster as Chief Enterprise Services Officer
- Oppenheimer sees Tap to Pay news as ‘step in the right direction’ for PayPal
- PayPal announces Tap to Pay on iPhone available for Venmo, PayPal Zettle in U.S.
- PayPal names Amy Bonitatibus chief corporate affairs, communications officer