A stock isn't a bargain stock because it has fallen significantly. It is a bargain stock because, after the fall, it has the potential to rise significantly. A lot of investors often confuse the two viewpoints. Payment solutions provider PayPal (PYPL) belongs to the latter category. After a horrible 2021, its fortunes could turn in the new year, and crypto could give it firm support. I am bullish on PayPal stock. (See Analysts’ Top Stocks on TipRanks) Strong Numbers PayPal reported strong numbers for Q3 2021 earnings. Total payment volume (TPV) hit $310 billion, while its net revenue was $6.18 billion. These numbers have grown by 26% and 24% year-on-year, respectively.
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PayPal (NASDAQ:PYPL)
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From Apr 2022 to May 2022 Click Here for more PayPal Charts.
PayPal (NASDAQ:PYPL)
Historical Stock Chart
From May 2021 to May 2022 Click Here for more PayPal Charts.