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Three reasons why this struggling fintech stock may break out of its slump


PayPal tumbled 16% this week, but one top analyst is making a bullish long-term case for the struggling stock.

The company’s underperformance follows leadership uncertainty. PayPal’s chief financial officer, John Rainey, announced last week he’ll leave the company in late May. Yet, Bruderman Asset Management’s Akshata Bailkeri made an optimistic case for PayPal on CNBC’s “Fast Money” this week.

The firm’s equity analyst likes the stock for three reasons:

1. Post-pandemic sales could pick up

2. Its spin-off from eBay is beneficial

She contends PayPal as a stand-alone company also bodes well for the stock. Even though its stock is lower now, PayPal shares reached all-time highs last July.

EBay is no longer really an overhang,” Bailkeri said. “The company has had significant growth even after spinning out of the company in 2015.”

3. It’s an attractive valuation over a five-year horizon

Where PayPal is heading



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