Is PayPal Holdings (PYPL) a Cheap NASDAQ Stock to Buy According to Hedge Funds?
1. PayPal is listed among 11 cheap NASDAQ stocks favored by hedge funds.
FAQ
Why Bullish?
Inclusion in hedge fund buys can indicate positive sentiment and potential upward pressure on prices, similar to how stocks like GameStop surged in previous hedge fund interest.
How important is it?
Hedge fund insights can drive market interest, thereby influencing PayPal's stock performance and investor sentiment.
Why Short Term?
Hedge fund buying activity often leads to immediate price fluctuations, as seen with stocks that experience sudden rises on similar news.