How PayPal Became an Online Payment PowerHouse
PayPal Holdings Inc. (PYPL) is one of the most hotly anticipated earnings this week. The global online payments company is set to report after the bell on Tuesday, Jan. 2019.
Can PayPal continue it's growth stream? Real Money contributor and former hedge fund manager Bob Lang weighed in during TheStreet's Trading Strategies Podcast.
"This stock has been on a monster run since it touched its low on Christmas Eve," he said. "I'm not too worried about PayPal, I think they are going to blow the numbers out of the water. I think if it has a blow out number and it gets above the high from Friday, we could see the stock touch the century level up to about $100."
For more of Lang's commentary on PayPal and what the charts are saying, head over to Real Money.
Meantime, ever wonder how PayPal got its start? Did you know it was founded by Elon Musk? Watch the video to learn more, it's part of TheStreet's new series Behind the Label. Check out these recent videos:
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