PayPal (PYPL -0.26%) is finally starting to attract some bullish sentiment from the investment community. At its 52-week low in April earlier this year, shares were trading a gut-wrenching 80% below their peak from July 2021.
After a difficult start to the year that saw shares drop 6% in the first half of 2024, PayPal (PYPL 0.40%) is on its way up, winning over investors in remarkable fashion. The fintech stock has soared 42% in the last six months, which puts its year-to-date gain at 39% (as of Dec. 18), well ahead of the broader S&P 500.
The Federal Reserve (the Fed) has cut interest rates again, making it the third consecutive cut for the past three meetings this year. There are now a lot of implications that will stem from this latest pivot when they make their way through the economy.
Cybersecurity startup Bureau has secured $30 million in a funding round led by Sorenson Capital to expand its presence in new markets, it said on Wednesday.
PayPal (PYPL -0.48%) has been an excellent performer in 2024, with the stock up 47% year to date as of Dec. 12. However, I'm predicting that it will deliver another year of market-beating performance in 2025, and in this video, I explain why.
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