This is why billionaires are piling into PayPal.Billionaire hedge fund pioneer Paul Tudor Jones of Tudor Investment reduced his stake in chip giant Nvidia in the first quarter, undoubtedly making a tidy profit on the sale. He then funneled that money into a new investment in embattled fintech company PayPal (PYPL 0.45%). Jones wasn't the only investor making this move, as Philippe Laffont of Coatue Management made a similar move, trimming his stake in Nvidia while adding to his PayPal position. The investor ...

chameleonseye Investment Thesis Our investment thesis for PayPal Holdings, Inc. (NASDAQ:PYPL) remains robust, maintaining our strong buy rating for the stock from our previous coverage, with a medium-term target price of $90, supported by strategic shifts in the company's product mix that responds to market dynamics and competitive pressures. Technically, PayPal's stock is projected to reach $79 by 2024 end, supported by bullish technical indicators like the Volume Price Trend and Fibonacci retracements ...

Tom Werner PayPal (NASDAQ:PYPL) is currently trading at an undemanding valuation, which does not seems to be justified given that it has strong fundamentals and good growth prospects ahead. Company Overview PayPal is a leading fintech company, being focused on digital and mobile payments across several platforms, including its checkout business, Venmo, and others. It has grown historically both through organic initiatives and through acquisitions, being nowadays one of the leading companies in the digit ...

Frictionless commerce firm AppTech Payments completed the pilot of its Banking-as-a-Service (BaaS) platform.Now, the company will use the BaaS solution for the commercial launch of InstaCash, a real-time pay-by-bank transaction system that AppTech is positioning as a rival to both Venmo and Western Union, according to a Thursday (May 16) press release.“The success of our BaaS pilot program signifies a significant milestone as we continue our mission to democratize banking by providing small and medium-sized ...

In a recent 13F filing, Tudor Investment Corp., the investment firm founded by legendary trader Paul Tudor Jones revealed initiating a stake in PayPal Holdings Inc. (NASDAQ:PYPL), acquiring approximately 888,239 shares valued at $59.5 million during the first quarter of 2024. Alongside this equity purchase, the firm also acquired 64,800 Call Options on PayPal’s stock.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.In addition to PayPal, Tudor Investme ...

Some sectors have positive tailwinds, and the industry size has swelled sustainably for a decade or more. However, during this period, the best stocks from the sector are not always surging higher. There can be intermediate phases of price or time correction.Currently, this holds true for the fintech sector. While the overall industry growth estimate remains positive, fintech stocks have been in a time or price correction mode. This is an excellent time to accumulate some cheap fintech stocks for multibagge ...

PayPal just had a phenomenal quarter, yet the stock hasn't budged.PayPal (PYPL -2.36%) has been a turnaround investment opportunity for some time, but the reversal is taking longer than many would like. Still, that doesn't discount how great of an investment PayPal could be once the rest of the market finally gets on the same page.PayPal gained momentum in the first quarter, and I wouldn't be surprised if it's in the beginning stages of a rally, making the stock a no-brainer buy.PayPal's Q1 was a great sign ...

Stockernumber2Intro & Thesis I initiated coverage of PayPal Holdings, Inc. (NASDAQ:PYPL) stock in May 2023 and have since authored 4 articles. The first 2 articles were published with a "Hold" rating but already in November 2023, I upgraded my rating to "Buy" after analyzing the company's financials (as well as turnaround plans) at the time and observing an increase in its fair value. Following that update, the stock's performance roughly tracked the broader market trends. However, after my most recent ...

In a column about PayPal (NASDAQ:PYPL) published on Oct. 19, 2023, I wrote that “PYPL stock trades at bargain-basement levels and has a new, up-and-coming CEO. Additionally, I believe the Street is overly worried about threats to PayPal’s dominance.” And I advised investors to “buy the shares on weakness.” That turned out to be pretty good advice as shares jumped 20% between Oct. 19 and May 6. Also noteworthy is that, during the same period, the shares of SoFi (NASDAQ:SOFI), a popular fintech name that I’ve ...

We've also got advice for people looking for a financial advisor.In this podcast we discuss topics including:PayPal's earnings and why a drop at a specialty insurance company could be a buying opportunity for investors.What to do before you meet a financial advisor, and some questions to ask in an initial meeting.To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks. A full transcript foll ...