3 Reasons to Buy PayPal in 2022 and Hold for the Long Haul

After rising in value by over 600% in the last five years, share prices of financial technology stock PayPal Holdings (NASDAQ: PYPL) have slid almost 42.5% recently. Thanks to slowing growth stemming from its long-standing partnership ending with eBay, PayPal now trades with a price-to-earnings of 43, the lowest since nearly two years ago. Driven by its mission "to democratize financial services for people all over the world," PayPal has grown to over 400 million active accounts, making it not only a financial behemoth but one of the largest companies in the world.