Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Square vs. PayPal: Which Stock Is a Better Buy?

Published 12/07/2021, 09:47 AM
Updated 12/07/2021, 10:30 AM
© Reuters.  Square vs. PayPal: Which Stock Is a Better Buy?

Investing in high-growth fintech stocks, such as Square (SQ) and PayPal (NASDAQ:PYPL), has been a profitable endeavor for investors in recent years. The two companies continue to expand their suite of products and solutions and are betting big on cryptocurrency trading which will be a key revenue driver in 2022 and beyond.Fintech giants such as Square (SQ) and PayPal (PYPL) have generated massive wealth for investors. Square was listed on the NYSE in November 2015 and has surged a monstrous 1,300% in just over six years. PayPal went public in July 2015 and has since gained 433%.

The two stocks have easily outpaced the broader markets and command multi-billion-dollar valuations. The COVID-19 pandemic acted as a tailwind for fintech companies as the demand for digitally-powered solutions increased rapidly in the last 20 months.

Alternatively, the growth rates for both Square and PayPal have decelerated in 2021 and the two stocks are now down 35% and 38% respectively from all-time highs. Today I’ll analyze both stocks to try and determine which is currently a better buy for investors in 2022.

Continue reading on StockNews

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.