PayPal: Misunderstood Growth Story Spells Opportunity

Michael Vi/iStock Editorial via Getty Images PayPal Holdings, Inc. (NASDAQ:PYPL) investors have endured another roller coaster ride over the past two months, following PayPal's relatively weak guidance at its fourth-quarter earnings call in early February 2024. As a reminder, I upgraded my thesis on PYPL to a Buy pre-earnings, as I assessed that buying accumulation was constructive. However, I didn't expect PayPal's outlook to be more cautious than anticipated, leading to a steep post-earnings selloff.  ...