This Dirt Cheap AI Stock Just Announced Its First-Ever Dividend

When you hear the phrase "AI stocks," PayPal (NASDAQ: PYPL) may not be the first company that comes to mind, and understandably so. And to be fair, there are some incredibly exciting chipmakers, AI software companies, and other more direct plays on artificial intelligence.However, to overlook PayPal's AI momentum would be a big mistake. About a month ago, PayPal announced a partnership with Alphabet's Google to develop commerce solutions and to embed PayPal solutions in Google's platforms. More recently, PayPal and OpenAI announced a partnership for PayPal to become the first payment wallet integrated into ChatGPT. In addition to these, there are several other ongoing AI initiatives within the business.Not only does PayPal have strong AI momentum, but recent results have been impressive, and the stock trades for a dirt cheap valuation. PayPal also just announced its new dividend program, and now could be the best time to add the fintech leader to your portfolio.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool