PayPal Could Post Strong 2022 Returns

PayPal Holdings Inc. (PYPL) had a tough time in 2021, posting a miserable 19% annual loss. However, reasons for the decline are less onerous than they seem at first glance. For starters, the stock gained an astronomical 116% in 2020 while 2021 proved the market wisdom that winners in one year become the next year’s laggards. The second reason needs little explanation, i.e. the Delta variant upended expectations that vaccines would mark the end of the pandemic.

Post-Pandemic Boom

Ironically,…

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