Up 25% in the Past 3 Months, Is PayPal Stock a No-Brainer Buy That Can Double in 5 Years?

PayPal (NASDAQ: PYPL) is a leader in the electronic payments niche of the broader financial services industry but hasn't been too kind to investors in recent years. Shares currently trade at an alarming 73% off their peak, which was established in July 2021.However, there's been a renewed sense of optimism from the market, as the fintech stock has climbed 25% in the past three months (as of Nov. 18). Does this momentum make the PayPal shares a no-brainer buy that can double in five years?You wouldn't be able to tell by the stock's terrible trailing-three-year performance, but this business continues to put up healthy financial performance. Growth is still a part of the equation.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool