Does PayPal's Stock Have Potential Upside in 2023?

PayPal recorded a solid start to 2023 in terms of profit growth in Q1, and it shows no sign of weakening any time soon. The question being asked here is, does PayPal stock have potential upside in 2023, and is a long-term investment still worthwhile?

Is PayPal still worth investing in?

According to many, PayPal is still worth investing in because it’s showing strong financials. They say that it has great short-term upside potential and may also be worth a long-term investment.

Year over year, PayPal’s adjusted EPS (earnings per share) and revenue had climbed from 9.00% to 33.00%. Profitability for the remainder of the year also has a positive outlook.

If you are considering investing in PayPal, you have to remember that no investments are ever guaranteed to return a profit. Only invest money you can afford to lose, and don’t put all your eggs in one basket, so to speak.

Is PayPal still the number-one payment option at the checkout?

PayPal is still recognised as the world’s number-one digital wallet, and it’s used regularly by millions of people across the globe to pay for goods and services at the checkout.

No KYC casino websites (online casinos that don’t require you to complete the verification process by uploading proof of address or ID documents), as well as regular online casinos, sports betting sites, and dedicated poker sites, have also reported that PayPal, among other payment methods, such as cryptocurrency, is still the preferred payment method of choice for their account holders.

PayPal is a perfectly secure deposit option that processes transactions in an instant. Plus, it can also be used by players who want to cash out their winnings.

PayPal works well across all computing devices with Wi-Fi/internet connectivity (e.g., smartphones, tablets, desktop computers, laptops, and smartwatches), and you can sign up for free in under a minute.

Which are the best no KYC casinos to visit in 2023?

If you head over to the official cryptostec.com website, you can find a complete list of no kyc casinos that are free to sign up to.

Their reviewed casino sites tend to accept major cryptocurrencies, such as Bitcoin, Ethereum, DogeCoin, Ripple, Tron, Litecoin, Tether, Cardano, and Polkadot, as well as traditional payment options like PayPal, Visa, and MasterCard.

Some of their featured sites worth a look are BC.Game, Fairspin, Wild Coins, Level Up, 7 Bit Casino, True Flip, Just Bit, Betplay, and bets.io. You also have Bit Starz, Mirax Casino, Rocketpot, and Cloudbet.

Where can I invest in PayPal stock?

Suppose you’re interested in investing in PayPal, or any other online trading services, including trading in equities, cryptocurrencies, bonds, commodities, and other financial securities. In that case, there are numerous trusted trading platform websites to choose from.

Some of the most trusted online trading platforms are Coinbase, JPMorgan Chase, Kraken, eToro, Uphold, and Binance. Others include FTX, Plus500, IG Group, AvaTrade, Okcoin, E-Trade, Merrill Edge, and PKX, to name a few.

Final note

When investing in PayPal or anything else, you should always try to conduct as much research as possible before spending your money. Don’t forget that buying and selling anything to make a profit comes with risks.

 

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