1 Beaten-Down Growth Stock Down 76% to Buy Right Now

Shares of PayPal (NASDAQ: PYPL) have certainly taken investors on a roller coaster ride in recent years, mostly descending into the depths of disappointment.The stock soared to dizzying heights as everyone piled into fintechs in 2021. However, the party came to an abrupt end as the pandemic's tailwinds faded and the Federal Reserve tightened its grip by raising interest rates, sending the stock into a downward spiral.Today, PayPal is 76% below its all-time high price of $310 per share and has traded in a range between $50 and $95 over the past couple of years. It is priced at a cheap valuation, and under CEO Alex Chriss, who took over in 2023, the company is looking to reignite growth and get back on track. Here's why investors may want to consider this fintech giant today.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool