PYPL Under Pressure: Is Now the Time to Bet on PayPal's Comeback?

Paypal (NASDAQ: PYPL) has had it rough. In putting together this PYPL stock forecast, I decided to look at the broader sector. Payment stocks are doing well right now. Consumers are spending, especially in the U.S. People prefer plastic to paper, even for small transactions. Thus, payment processors are trading at a premium to the market. Visa (NYSE:V) goes for 32 times earnings. Fiserv (NYSE:FI) sells for 29 times earnings. Even Capital One Financial (NYSE:COF), which made its name as a credit card bank, i ...