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The Print Street 50 Top Stock Picks That Billionaires Love
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50 Top Stock Picks That Billionaires Love

Andy Ford Jul 31, 2023
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PayPal Holdings

While many brands reel from the 2020 pandemic, PayPal has come out of the year as a winner after gaining over 20 million active users in its second quarter and another 15.2 million in the third quarter. Since 2016, San Francisco-based Soma Equity Partners has owned shares from the online payment company, and it has decided to add 100K more shares in 2020.

In 2021, PayPal reported its Q4 earnings, topping Wall Street predictions, proving that the e-commerce company continues to reign amid the pandemic. As of December 2020, it has a reported 377 million active accounts. 

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