PayPal's Stock Is A Real Bargain
PayPal(PYPL) Seeking Alpha·2024-03-12 05:51
JasonDoiyIntroduction My discounted cash flow analysis suggests that PayPal's (NASDAQ:PYPL) stock is extremely cheap even when I implement extremely conservative assumptions. The negative sentiment around the stock in recent years was caused by the rapidly shrinking profitability in 2022, but the operating margin rebounded promptly and recent developments suggest that the profitability improvement trend will likely last for years beyond. I also like the management's plans to aggressively invest in innov ...