(A Top Pick Dec 31/20, Down 27.8%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with PYPL has triggered its stop at $180. To remain disciplined, we recommend covering the position at this time. We will look for better opportunities.
A fine company. He owned but moved to sidelines in 2020. It is expensive and now other forms of payment are preferred. It is a crowded field so he has no exposure to pure payment processing. Also doesn't like participation in crypto currency. Most digitally oriented banks are the best place to be.
Recently bought. Down 42% from last year's high. A bit pricey, but stock's been basing since early December. Long-term, lots of growth. Highly scalable business, which will let them increase margins. Clear leadership in e-commerce. 15-17% revenue growth, 20% earnings growth. Mature tech. Fintech is a great area.
Believes PayPal approaching a good valuation to buy (currently too high).
Company continues to grow at incredible rate.
Payment system the company owns is very valuable.
Market pullback would present buying opportunity at ~130 price range.
Future growth prospects, valuation, disruption in payment systems all put traditional models at risk. Disruption to Visa and MA is starting to impact PYPL. Not a value play, trades at 40x earnings. Though it's fallen, don't judge its value based on a previous value. Remember Nortel.
Not sure why stock's beaten up so much. Guidance for next year not as robust as expected. Plans to grow revenues over 20% per year. Will continue to be a huge player in payments. Earnings growth will eventually trump what's happening in high-growth names. Nothing wrong with the business whatsoever.
He's buying nothing now, but would add to Twilio or PayPal (owns both), and would add in Q1 on pullbacks. First, he wants to see how interest rates move (or not) in Q1. He expects rates to slowly march higher. Also, he needs to see what happens to Covid to see if they knock down the cyclicals. He's a market seller, not a buyer now.
Sharp pullback has created opportunity for buying.
Believes payment companies (Visa/Mastercard etc.) valuations are reasonable.
Hard to tell who winners are when new apps can displace business.
Electronic payments becoming more prominent in society.
He just bought it because it's down 19% YTD and way off its highs. Revenues are growing around 20% and it has massive name recognition. Many people use it worldwide. He believes in digital e-commerce and PP's big potential.
The sector has pulled back. PYPL has always traded at a high PE, which is why she's never bought. In this space, she owns Visa because she sees growth.
Doesn't own PayPal.
Society moving to cashless with Covid-19 etc.
Lots of small business uses PayPal.
Many positive aspects of company.
Good opportunity to buy PayPal now.
Down another 3% today, way off its highs, $131 below its $310 high. A beaten stock, but the company is not falling apart. He likes it. It was hammered this week by the Omicron scare, but it's time to nibble. Buy on the way down, not up, and we buy long term. Don't chase, but invest. And expect this stock to fall a little more before it rises--you gotta start somewhere.
Value play in a growth market. Whole global payments sector has taken it on the chin because of Covid and supply chain. As QR codes at point of sale grow, they'll have phenomenal sales data from both merchants and consumers. Venmo and recent acquisition for buy now/pay later. Price target of $277. Buy in thirds at $188, 178, and 168. No dividend. (Analysts’ price target is $275.83)
PayPal Holdings Inc. (PYPL) Frequently Asked Questions
What is PayPal Holdings Inc. stock symbol?
PayPal Holdings Inc. is a American stock, trading under the symbol PYPL (previously PYPL-Q on Stockchase) on the NASDAQ (PYPL). It is usually referred to as NASDAQ:PYPL or PYPL