chameleonseye
Summary
- Over the past 5 years, investors have had a tough time with PayPal Holdings, Inc.: the stock is down 27% vs. the S&P 500 Index’s total return of 97.31%.
- But I believe January 25, 2024, when the company says it will announce a new strategy, is going to change the game for PayPal Holdings.
- The company is still in great shape financially, planning to spend $5 billion in FY2023 on buybacks. That’s 16.9% of FY2023 consensus revenue and ~7% of total market capitalization.
- Based on my calculation, PayPal has a growth potential of 53.8% by the end of 2024. The technical picture agrees with this finding.
- I rate the PayPal Holdings, Inc. stock as a “Strong Buy.”
- I do much more than just articles at Beyond the Wall Investing: Members get access to model portfolios, regular updates, a chat room, and more. Learn More »
My Thesis
Over the past 5 years, investors have had a tough time with PayPal Holdings, Inc. (NASDAQ:PYPL) stock: compared to the S&P 500 Index (SP500), which gained 97.31% (total return), the stock has declined ~27% over the period, losing all of its post-pandemic growth in a matter of months:
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