One of the pitfalls that investors – including myself – are prone to is dumpster diving. Take PayPal (PYPL) for example. Less than 3 years ago the stock traded for $300 so it’s hard not to think it’s a bargain today at $60. But I’m losing patience with the stock after accumulating a big position…
In about three hours, the Fed will release its interest rate decision and statement followed by Powell’s press conference. While it’s almost a lock that the Fed will hold interest rates steady, it seems likely that the statement and Powell will lean hawkish. However, the market is now pricing in only a 21% chance that…
PayPal (PYPL) is getting slaughtered today (-12%) on what I continue to maintain was a solid quarter. There is one metric that bears are hanging their hats on: Transaction Margin. Transaction Margin came in at 45.9% for the quarter – down from 47.1%, 49.7%, 51.0% and 48.7% in the previous four quarters. (You can view…
PayPal (PYPL) just reported solid 2Q23 earnings but the stock is tanking (-7%) in the after hours. If you’d given me the numbers ahead of time, I would have thought the stock pops. We’ll see what happens tomorrow. Turning to the quarter, Total Payment Volume (TPV) was +11% and Revenue +7%. PYPL earned $1.16/share which…
With stocks surging higher this year it’s hard to find real value in the market. One stock that is a screaming bargain – however – is PayPal (PYPL). Two years ago PYPL was loved and overvalued; today it’s hated and undervalued. And with the overall market moving higher – and the economy seemingly holding up…
I can’t think of a more hated large cap stock than PayPal (PYPL) – which reports 1Q23 earnings after the close Monday. While PYPL was extremely overvalued in 2021, I believe it is extremely undervalued today. In its 4Q22 earnings report, PYPL guided 2023 EPS to $4.87 and said it would use ~75% of Free…
Thankfully, next week will slow down from last week’s epic pace so that perhaps we can catch our breath. Nevertheless, there are a few earnings reports that I’ll be focusing on: Simon Property (SPG), Uber (UBER) and PayPal (PYPL). The first is a large owner of malls in the US and the latter two are…
The carnage in PayPal (PYPL) over the last year plus has been something to behold. PYPL was a beloved $300 stock only 15 months ago. This morning PYPL is set to open around $70 after it warned of a tough holiday quarter yesterday afternoon. In many ways PYPL is the most representative stock of the…
After going straight down for the last year PayPal (PYPL) is showing signs of life. 2Q22 Total Payment Volume (TPV) rebounded to $340 billion. Revenue of $6.8 billion also speaks to stabilization. As a result, PYPL was able to slightly raise its full year EPS guidance to $3.87-$3.97. After a nice bounce, PYPL is up…
I just purchased 2% positions each in hated Facebook (FB) and Paypal (PYPL) heading into their 1Q22 earnings reports this afternoon. This is the kind of trade that loses me Twitter followers because it goes against a number of Wall Street cliches. The first cliche is: Don’t catch a falling knife. The second is: Don’t…