AsiaVision I initiated with a ‘Buy’ rating on PayPal ( NASDAQ: PYPL ) ( NEOE: PYPL:CA ) in March 2024, highlighting its growth in payment transactions and profitability. Since the initiation, the stock price has surged by more than 20%, outperforming the S&P 500 Index ( Analyst’s Disclosure: I/we have a beneficial long position in the shares of PYPL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions.
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