5 Most Undervalued Blockchain Stocks To Buy According To Hedge Funds

2. PayPal Holdings, Inc. (NASDAQ:PYPL)

Number of Hedge Fund Investors In Q3 2023: 60

Average Analyst Share Price Upside: 10%

PayPal Holdings, Inc. (NASDAQ:PYPL) is a financial services and payments platform provider headquartered in San Jose, California. Despite a slowing economy and high inflation, the firm has held up its financial fort and beaten analyst EPS estimates in three out of its four latest quarters.

As 2023’s September quarter ended, 60 out of the 910 hedge funds tracked by Insider Monkey had bought the firm’s shares. PayPal Holdings, Inc. (NASDAQ:PYPL)’s largest hedge fund investor is Gavin Baker’s Atreides Management due to its $244 million investment.

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