Billionaire Masayoshi Son’s Top 5 Stock Picks for 2021

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

SB Management increased its stake in PayPal Holdings (NASDAQ: PYPL) by 386% during the fourth quarter to 6.1 million shares, making it the third-largest stock holding of the 13F portfolio. Shares of PayPal have extended the upside momentum into 2021. Its stock price is up 6% year to date, enlarging twelve months gains to 158%.

In its 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.”