29.12.2024 13:08:00
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Better Fintech Stock: PayPal vs. SoFi Technologies
The financial technology, or fintech, industry was one of the hardest hit parts of the stock market in the post-pandemic bear market, but there are still some excellent opportunities. PayPal (NASDAQ: PYPL) is one great example with a stock price that is still about 70% below its 2021 peak and excellent turnaround progress in 2024, while SoFi (NASDAQ: SOFI) is an app-based bank with tremendous momentum.However, these are two very different businesses. Here's a rundown of the bull cases for both stocks and what to keep in mind before you decide which is best for you.After growth stagnated in the post-pandemic era and management didn't have a clear path to restoring the once-strong momentum, PayPal decided to make some big leadership changes. Not only was former Intuit (NASDAQ: INTU) executive Alex Chriss named CEO, but the entire executive leadership team was replaced.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Aktien in diesem Artikel
eBay Inc Cert Deposito Arg Repr 1 Sh | 36 700,00 | -1,08% | |
eBay Inc. | 59,95 | -0,12% | |
PayPal Inc | 82,43 | -1,01% | |
SoFi Technologies | 15,16 | -1,30% |