drandy
2022-12-08

$Block(SQ)$ Bearish in view of potential recession that's largely expected to land in 2023. Block's stance/stake in crypto puts additional downward pressure on company performance, and subsequently, stock price, at least in the short-term - the crypto winter won't see the light of summer for quite a while, especially if/when a recession hits. Lowest price this year is about 51+.

$PayPal(PYPL)$ Bullish as the OG payment platform, with somewhat more business stability - make no mistake, any recession will hit it as well but it's likely to take the hits better than Block. Lowest price this year is about 67+.

The above represents the trajectories that growth & established companies will likely follow in a macroeconomically negative environment - the former will suffer more than the latter. Investors can only hope that such growth companies, suffer as they might, would pull through the bad times and survive enough for the next run of good times to come for their revival.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • jas68
    2022-12-08
    jas68
    thanks for sharing
  • CYberviRus
    2022-12-08
    CYberviRus
    Thank you
  • CookieMon12
    2022-12-08
    CookieMon12
    No pls. Dont bear
  • Darren77
    2022-12-08
    Darren77
    Thanks for the in fo
  • ming88
    2022-12-11
    ming88
    thanks for sharing
  • Zambuk
    2022-12-10
    Zambuk
    .
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