Is PayPal Stock a Buy on Bitcoin News? | PYPL Stock Analysis

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PayPal just announced that they will incorporate Bitcoin into their digital wallet ecosystem, which is big news for PYPL stock holders. Beyond just buying and selling crypto asserts on PayPal, users will also be able to pay with their Bitcoin or cryptocurrency holdings at any one of PayPal's merchant stores. The service will also connect with Venmo, adding a whole other layer to PayPal's expansive digital payment reach.

???? FREE STOCK ANALYSIS GUIDE:
"15 Minute Stock Analysis"
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This stock analysis of PayPal includes their PE ratio, earnings per share, analyst price targets, and outlook for 2021. I use the current PE and EPS projections for PYPL to help you make your own investment decisions.

The following stocks are mentioned in this video:

PayPal Holdings, Inc. (PYPL)
Square, Inc. (SQ)

Are you planning to buy PayPal after this Bitcoin announcement? Let me in the comments!

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