Could Buying PayPal Stock Today Set You Up for Life?

PayPal's (NASDAQ: PYPL) stock hit an all-time high of $308.53 on July 23, 2021. At the time, investors were impressed by the digital payment leader's rapid growth rates. The buying frenzy in growth stocks also amplified its gains.But today, PayPal's stock trades at about $80. It lost nearly three-quarters of its value as the pandemic-related shop-from-home tailwinds dissipated, the macro and competitive headwinds intensified, and its growth in active accounts stalled out. Should investors still bet on PayPal as a long-term lifetime investment as the bulls look the other way?Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool