In this video, I will talk about PayPal (PYPL 1.08%) and explain the recent insider selling, the company’s performance during Black Friday and Cyber Monday, and why I still believe this is the best stock to buy right now in terms of risk and reward.
*Stock prices used were from the trading day of Nov. 28, 2023. The video was published on Nov. 29, 2023.
Neil Rozenbaum has positions in PayPal. The Motley Fool has positions in and recommends PayPal. The Motley Fool recommends the following options: short December 2023 $67.50 puts on PayPal. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you select to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.