1 Reason PayPal Holdings Is Beating the Market
One is financial technology, where online payments leader PayPal Holdings (NASDAQ: PYPL) is up 69% through Thursday's close. PayPal is even more attractive now than it was before COVID-19 hit the scene, when it was already an outstanding business offering innovative e-commerce solutions. On May 1, PayPal recorded the most transactions in its history -- including Black Friday and Cyber Monday.