Is PayPal Holdings Stock a Buy?
While there are no real winners in the COVID-19 pandemic, some companies are proving the merits of digital operations and growing their businesses at accelerated rates as families shelter-in-place and those employees who can work from home do so. PayPal Holdings (NASDAQ: PYPL) is a prime example. While incumbent digital payment processors Visa and Mastercard shares are still down by double-digit percentages from their all-time highs as they face a sharp near-term slowdown in growth, PayPal is surging to new all-time highs.