Worried About Another Crash? Buy PayPal

Worried About Another Crash? Buy PayPal

PayPal (NASDAQ: PYPL) was already a growth stock when the novel coronavirus started to spread early this year. As a result, shares of PayPal are up over 70% so far in 2020 as of this writing -- even after an early September double-digit percentage pullback. After such an epic run, why is PayPal a buy now if you're worried about another broader market crash?