14 Most Undervalued NASDAQ Stocks to Buy Now

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

Forward P/E Ratio as of September 20: 11.72

Number of Hedge Fund Holders: 89

PayPal Holdings, Inc. (NASDAQ:PYPL) ranks among the most undervalued NASDAQ stocks to buy now. On September 15, PayPal Holdings, Inc. (NASDAQ:PYPL) unveiled PayPal links, a new tool that enables users to transfer and receive money using customized, one-time links that may be shared on multiple messaging apps.

Additionally, PayPal Holdings, Inc. (NASDAQ:PYPL) announced plans to incorporate cryptocurrency directly into its peer-to-peer payment system. This will enable users in the United States to send cryptocurrencies like Bitcoin, Ethereum, PYUSD, and others to digital wallets that facilitate cryptocurrency transactions, such as Venmo and PayPal.

According to the firm, Venmo saw its largest increase in total payment volume in three years, while peer-to-peer and other consumer payments rose 10% year-over-year in the second quarter.

PayPal Holdings, Inc. (NASDAQ:PYPL), based in San Jose, California, operates a technology platform that enables digital payments for merchants and customers worldwide. The company provides payment services under several brands, including PayPal, Credit, Braintree, Venmo, Xoom, and Zettle.

While we acknowledge the potential of PYPL to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PYPL and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds.

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