Is PayPal a Millionaire Maker?

During the height of the COVID-19 pandemic, PayPal (NASDAQ: PYPL) was a monster stock. The price soared 256% in the 16 months leading up to the peak in July 2021. Unsurprisingly, rapid growth and adoption of its payments platform excited the investment community.But the fintech stock has had a disappointing run since then, and it now trades for about 70% off that all-time high. This is even after the shares rocketed 50% higher since mid-July 2024.There are reasons to believe that PayPal is a quality business. But is it a millionaire maker?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool