Is PAPY dead?

VictoriaArthur
2023-03-23
  1. Hype doesn’t matter.

  2. Earnings matter.

PayPal’s operations have produced like $6B past year. They spent around $0.75B on capex same period. That’s what a compounding machine looks like. The business produces much more cash than it needs ($0.75 in…$6 out).$PayPal(PYPL)$

I think it’s an incredibly efficient business. Easy buy at the right price.

**Stock based comp is pretty horrendous - costs them around $1-$2B/year right now.

Don’t sell because you think it’s dead. It’s generating tons of cash and the market can only miss that for so long.

Hold for a few years and give your brain a rest. If you can’t do that, do yourself a favor and move to ETFs.

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