Why Investors Shouldn't Wait Too Long to Purchase PayPal

Why Investors Shouldn't Wait Too Long to Purchase PayPal

For example, payments transactions giant PayPal Holdings (NASDAQ: PYPL) has lost 5% of its share value during September, yet its stock is up nearly 80% year to date, moving it squarely into the "watchlist" column for those who meant to purchase it during the year but never quite pulled the trigger. PayPal's most recent earnings report, issued at the end of July, contained a number of metrics that showed what a tremendous advantage the company has reaped out of the COVID-19 pandemic. Importantly, PayPal expanded its year-over-year total payments volume, or TPV (the total dollar volume of transactions occurring over its platform), during the second quarter of 2020 by 29%, to $222 billion.