PYPL: The Golden Chance to Buy
$PayPal(PYPL)$ If day or swing trading perhaps, if long does not make a difference. For those new to PYPL, congratulations for getting in so cheap. I bought my first shares at 40.
For those who suffered through the apocalypse of its downfall, I have shares at 175 and 275 which are underwater too. But have 3 year horizon so not concerned. If trading was sure thing, everyone would be rich.
That's the thing, brand recognition - when I see PayPal as option, feel safe making purchase. However, analysts don't weight that into their triple expediential smoothing models and use other metrics like size of company or # of employees and then compare this to Institutional Banking like BofA, Wells, JP Morgan - Fact is PayPal release 100 new features or product in the time these companies release 5 new offerings.
No justification for this SP being so low.
Lastly, let's all remember that nearly 80% of merchants in the US currently accept Paypal. It's also one of the few processors that is accepted in China and numerous international markets. No one else comes close to that level of acceptance. See you guys at 78 and low 80s by EOM
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.
