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How Venmo Will Boost PayPal's Growth

PayPal Holdings Inc. (NASDAQ: PYPL) is having a great run. At the start of this year, PayPal’s stock was trading around $85, and it climbed to $118 per share on June 20. That’s roughly a 35% increase. Over that same period of time, the S&P 500 only gained 4%. The stock has stalled recently with the announcement that COO Bill Ready is stepping down at the end of the year. Although, Ready will help PayPal transition into new leadership. Plus, with expanding e-commerce, PayPal’s stock should continue to climb. Read more... Tags: paypal To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and visitors become smarter, more confident investors. Disclaimer: © 2019 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post How Venmo Will Boost PayPal's Growth appeared first on Money Morning - We Make Investing Profitable .
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