Ignore Technical Weakness and Stick with PayPal Stock
04 December 2021 - 01:12AM
TipRanks
PayPal (PYPL) is a technology platform and app that enables digital
and mobile payments. I am bullish on the stock. Over the past two
decades, PayPal has been a major competitor in the digital payments
space. Yet, Wall Street doesn't seem to appreciate PayPal's
contribution to the modern economy. As we'll see, one big-name
analyst, in particular, doesn't seem too impressed with PayPal
lately. Moreover, PYPL stock has been on a downtrend recently.
Nonetheless, there may be a prime buying opportunity for contrarian
investors here. (See Analysts' Top Stocks on TipRanks) A
Quick Look at PYPL Stock From a technical standpoint, there's
definitely been damage done to PYPL stock.
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PayPal (NASDAQ:PYPL)
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PayPal (NASDAQ:PYPL)
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