5 Best S&P 500 Stocks That Don’t Pay Dividends

4. Paypal Holdings, Inc. (NASDAQ:PYPL)

Number of Hedge Fund Holders: 126

Paypal Holdings, Inc. (NASDAQ:PYPL) is a technology platform operator enabling digital payments. The company is based in San Jose, California.

An Outperform rating was reiterated on Paypal Holdings, Inc. (NASDAQ:PYPL) on November 7 by James Fotheringham at BMO Capital.

Until this November, Paypal Holdings, Inc. (NASDAQ:PYPL) had returned about 24% between then and the preceding four months, which is a strong return for that period. The company also outperformed the S&P 500, which only increased by about 3.5% in that time.

Out of 920 funds tracked in the third quarter, 126 funds were long Paypal Holdings, Inc. (NASDAQ:PYPL). Their total stake value was $6.8 billion.

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