5 Best Tech Stocks To Buy Now According To Billionaire Laffont

2. PayPal Holdings, Inc. (NYSE: PYPL)

The payment technology giant Paypal Holdings Inc. (NYSE: PYPL) extended the bull-run into 2021 on the back of user and revenue growth. The company’s strategy of introducing crypto services added to its fundamentals and financial forecast. It is ranked second in the list of 10 best tech stocks to buy now according to billionaire Laffont.

In the Q4 investor letter, Polen Capital Management forecasted double-digit growth for PayPal in the years ahead. Here is what Polen Capital Management stated:

“For the full year 2020, one of the top performers was PayPal, which we purchased in 2019, the company continues to take market share in digital payments and has seen an acceleration in user adoption and engagement, especially within their “silver tech” or older user demographic. We expect many more years of ongoing double-digit growth from their various business segments and new initiatives.”