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The two stocks have easily outpaced the broader markets and command multi-billion-dollar valuations. The COVID-19 pandemic acted as a tailwind for fintech companies as the demand for digitally-powered solutions increased rapidly in the last 20 months.
Alternatively, the growth rates for both Square and PayPal have decelerated in 2021 and the two stocks are now down 35% and 38% respectively from all-time highs. Today I’ll analyze both stocks to try and determine which is currently a better buy for investors in 2022.