PayPal Stock Slips Despite Increased Outlook. Is the Stock a Buy?

Shares of PayPal (NASDAQ: PYPL) sank after its Q3 earnings report, although the stock overall has been on a strong run since the start of August. Meanwhile, it's up more than 50% during the past year.While the pullback was small, let's see if this is a good opportunity to buy the stock on the dip.Although investors were disappointed with PayPal's forecast, it was actually the third time this year the company increased it. It said it now sees adjusted earnings per share (EPS) rising in the high teen percentages and transaction margin widening in the mid-single digits. It said the increase was both due to its strong Q3 results as well as a slightly improved outlook for Q4. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool