So my thinking is the stock does start to pull back in the weeks ahead and I'd be actually be a buyer right down near $125 to $130," said Newton. Technically it's got an RSI, relative strength index, reading of over 77 on a weekly basis. Structurally the stock just isn't really all that sound. The stock has more than doubled off its lows just in the last three months, and so you go from $80 to over $160. "PayPal has gotten clearly very extended. Newton Advisors founder Mark Newton sees PayPal coming under pressure after its rally. So we're still long-term bullish on PayPal, but I think it would have to drop below that $140 level for us to actually pull the trigger," said Tepper. "Square does have an advantage with their cash app over PayPal's Venmo, but I more or less would see that as a positive catalyst for PayPal, as they upgrade that system. And while PayPal is up an impressive 116 in. Square stock and PayPal ( PYPL ), which surged as their Cash App and Venmo peer-to-peer payment apps became more indispensable during the pandemic, are among a batch of payment-related stocks. 8), SQ stock has risen 81 versus PYPL stock’s 33.5 gain. Tepper says PayPal is a "pure play on e-commerce boom" while Square could get hurt by its exposure to smaller "mom-and-pop shops." Square Consistently Outperforms PayPal Stock In the last six months (thru Jan. Both PayPal and Square have strong growth prospects in the digital payments world. Square stock has risen a stellar 149 year-to-date, so the average analyst price target of 151.77 indicates a possible downside of 2.5 ahead. "They're both expensive right now but I would definitely prefer PayPal over Square," Mark Tepper, president at Strategic Wealth Partners, said Wednesday on CNBC's " Trading Nation." "I'd be waiting to pounce if and when there's a pullback in PayPal." The Street has a cautious Moderate Buy consensus for Square with 14 Buys, 12 Holds and 2 Sells. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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