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These 3 Stocks Have Doubled Over 3 Years -- Can They Do It Again?

·6 min read
These 3 Stocks Have Doubled Over 3 Years -- Can They Do It Again?
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  • PYPL
  • MGNI
  • FND

Financial technology pioneer PayPal Holdings (NASDAQ: PYPL), flooring specialty retailer Floor & Decor Holdings (NYSE: FND), and advertising technology (ad-tech) company Magnite (NASDAQ: MGNI) are three stocks that have more than doubled over the past three years. Whenever investors see a swift run-up like what PayPal, Floor & Decor, and Magnite have enjoyed, they think it's too late to invest. Here's my investing thesis for PayPal stock today: Digital financial transactions continue to replace cash money in our day-to-day lives.