PayPal: The Turnaround Continues

Justin Sullivan/Getty Images News Investment Thesis My previous bullish thesis about PayPal (NASDAQ:PYPL) aged decently with an 8% rally over the last three months, although the stock notably lagged behind the broader market's dynamics. I believe such a dynamic occurred due to the lagging market sentiment as the company delivered a solid quarter, and the stock is still substantially undervalued even under very conservative revenue growth assumptions. I like the management's focus on profitability improv ...