Long-term earnings growth rates for TE Connectivity and Garmin are currently pegged at 10.41% and 6.8%, respectively. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Both companies currently carry a Zacks Rank #2 (Buy). Some other top-ranked stocks in the broader technology sector are TE Connectivity Ltd. Story continues Zacks Rank & Stocks to ConsiderĬurrently, PayPal carries a Zacks Rank #3 (Hold).
We believe all these endeavors are expected to provide PayPal with a competitive edge against its strongest peer Square SQ. Using the feature, select customers will have their stimulus checks sent directly into their Venmo account.Īdditionally, the company waived the cash-a-check feature’s check-cashing fees for government stimulus paper check recipients. This will likely enable them to cash their government stimulus paper check quickly and securely via the Venmo app. Recently, the company rolled out Cash a Check feature in the Venmo app for select customers. The latest move adds to the recent initiatives of the company in the second round of stimulus payments. In April 2020, it facilitated PPP loans to more than 75,000 businesses, with an average loan size of $28,000.įurther, the company aided small businesses by processing more than 75% of loans worth below $25,000. We believe the move will drive the company’s momentum across the small businesses further. Moreover, it is in sync with the company’s growing endeavors to deliver enhanced customer experience via its innovative products and services. The latest move bodes well for PayPal’s strong efforts to help the society in combating the coronavirus-led financial disruptions. price-consensus-chart | PayPal Holdings, Inc.
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