Ticker

6/INVESTMENT/ticker-posts

Header Ads Widget

Amazon Removes PayPal's Venmo. Is This a Bad Sign?

In this video, I will talk about PayPal (NASDAQ: PYPL), the recent announcement from Amazon about removing Venmo as a payment option in 2024, what impact it will have on PayPal, and whether this breaks the long-term thesis.

*Stock prices used were from the trading day of Dec. 10, 2023. The video was published on Dec. 11, 2023.

Should you invest $1,000 in PayPal right now?

Before you buy stock in PayPal, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now... and PayPal wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*.

See the 10 stocks

*Stock Advisor returns as of December 7, 2023

John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Neil Rozenbaum has positions in Amazon and PayPal. The Motley Fool has positions in and recommends Amazon and PayPal. The Motley Fool recommends the following options: short December 2023 $67.50 puts on PayPal. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.



https://ift.tt/xhlN8QR

댓글 쓰기

0 댓글