“Hayes: Stock Market's "Beach Ball Under Water" for Bulls, PYPL Buy Opportunity”
PYPL is undervalued and presents a buying opportunity due to low valuation multiples and improving fundamentals.
PayPal. Yes, this name, you know, some might say: " Be careful with this name , especially with the collapse of the deal or the potential collapse of the Stripe deal." Yes. Why do you prefer PayPal? This looks scary. Why do you prefer PayPal?
Stripe? It doesn't matter. That was a cheap offer. It was a joke. Look, this is a golden opportunity, Tom. Here's why: The stock price is down 80% from its 2021 highs. The stock is undervalued.
Price, value, profits and revenue have increased by 50% since a peak of over $300. Free cash flow exceeds $6 billion annually. They own 15% of the company, and have already bought nearly 30% of the shares. Therefore, free cash flow increased by 27%.