PayPal: Don't Keep Hanging On To A Poor Call

Justin Sullivan Investors in PayPal Holdings, Inc. (NASDAQ:PYPL) are likely assessing whether the worst in its price decline could be over since my previous update in October (pre-earnings). I argued that while PYPL is expected to "stage a momentary reversal given oversold conditions," there's still much for PYPL buyers to prove to untether it from its bearish bias. Accordingly, PYPL has outperformed the S&P 500 (SPX) (SPY) since my previous update, as dip-buyers attempted to hold its October lows. However, ...