Topic: How To Invest

What is Pat’s commentary for the week of April 13, 2021

Article Excerpt

Electronic payment processor PayPal has soared nearly 215% during the COVID-19 pandemic, as the government-ordered shutdown of stores accelerated the shift to online shopping. We see this as the start of a lasting shift in the payments business and that should give PayPal many more years of growth ahead. That’s partly because the company continues to benefit from its 2015 spin-off from eBay. As a separate firm, PayPal is now free to cultivate new relationships with a wider variety of online merchants. The company is also using its rising earnings to make savvy international acquisitions. I asked our Successful Investor research department to draw up this Inner Circle Spotlight report on PayPal. It explains why the stock remains a strong choice even after its recent gains. We hope you enjoy and profit from our work. INNER CIRCLE SPOTLIGHT REPORT ON PAYPAL: Benefit from the global shift to online shopping PayPal Holdings Inc., $275.01, symbol PYPL on Nasdaq (Shares outstanding: 1.17 billion; Market cap: $315.1 billion;…

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