PayPal Holdings Inc. (PYPL - Free Report) , operates a technology platform offering online payment solutions. PayPal continues to forge strategic partnerships. Its two-sided platform enables it to develop and maintain direct financial relationship with both customers and merchants. The company is leaving no stone unturned to bolster its presence in the booming e-commerce market on the back of its improved offerings. This is evident from its latest move of launching a new solution, PayPal Commerce Platform. The Zacks Consensus Estimate for PYPL's full-year earnings has moved higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend. Based on the most recent data, PYPL has returned double digits so far this year,outperforming the industry it belongs to. 

Facebook Inc. , operates a social networking website worldwide. Facebook has witnessed significant traction in online and mobile advertising spending in a short span of time. Mobile ad revenues are growing rapidly primarily due to the fact that mobile ads have far more ad recall value than other mediums. Facebook intends to capture the opportunity presented by ever-increasing video viewing on social media platforms. The company is considered to have pioneered the concept of social networking, which is why it enjoys a first mover’s advantage in this market. It has a strong balance sheet and generates significant cash flow, which makes it an attractive stock for investors.  Shares have outperformed the industry on a year-to-date basis.  

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Zacks Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.

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