PayPal: Why I Still See A Buy After Stripe Walked Away

PayPal Holdings, Inc. (PYPL) shares fell after Stripe announced that it would no longer support PayPal's P2P payments feature.

However, the analyst from Truist Securities who provided the note still sees PYPL as a buy, citing the company's strong fundamentals and growth prospects.

PayPal's stock is down about 60% year-to-date, reflecting broader market concerns about growth stocks.