Reported 1 day ago
In light of PayPal's recent struggles, including an 80% drop in stock value since 2021, new CEO Alex Chriss aims to revitalize the company by turning it into a comprehensive commerce platform. Despite its challenges, including declining margins and stagnant account growth, PayPal continues to grow its earnings and is trading at historically low valuations, making it an enticing investment for long-term gains. While investing $1,000 now may not turn into a fortune due to its large market cap, patient investors could see significant returns if PayPal executes its ambitious growth strategies successfully.
Source: YAHOO