
NASDAQ:PYPL
This summary was created by AI, based on 8 opinions in the last 12 months.
PayPal Holdings Inc. (PYPL) has been facing significant challenges in recent times, with experts highlighting its struggles in adapting to new technologies and increasing competition from players like Apple Pay and Google Pay. While the stock trades at a low price-to-earnings ratio of 10-11x, indicating it may be cheap, there are serious concerns about its growth, which is expected to be limited to around 8% next year. Analysts have noted that PayPal's profit margins have decreased significantly over the last decade. Recommendations vary, with some suggesting it could be a turnaround candidate while others caution against its potential as a value trap amidst weakening financial forecasts and sector sentiment. Furthermore, some experts suggest a cautious approach, advising against buying it right now and considering tax-loss selling instead.
Is one of 7 growth stocks where investors don't care about earnings during this pandemic, so buy them. It's about the democratization of money, aiming to be the worldwide bank without hassle. (When he was young, he was lucky to get a Macy's credit card.) Young investors know, use and like PP, while older ones want to own a financial stock with the credit risk that comes with a bank. It has lowered or missed projections many times, but misses or beats don't matter. So powerful is PP.
It's very expensive now, but it's a great long-term story. It can go higher. This and Square are both buys.
He also owns Visa and Square. Paypal is well-positioned to grow around digital payments, and it's been a winner as transactions have leapt this year. $220 is his price target, about $40 higher than now. It's a momentum stock. He gravitates to the larger payments companies like this and Square, not the smaller players.
Payments processor. It is a well run company with expanding cash flows. It looks like it will challenge its previous highs. However he prefers MA-N.