REDDIT
Is Paypal dead or worth a look at $43.8? Acquisition, selling parts of it's business? There seems to be little downside risk at this range and a 7 PE
↗ https://reddit.com/r/investing/comments/1thz291/is_paypal_dead_or_worth_a_look_at_438_acquisition/
Is there any smoke around Stripe, Apple or Google buying parts of this business. I don't have a lot of confidence in paypal growth, I still use it on some checkouts because it's easy but apple/google pay probably have taken a good chunk.
But at a 7.5 PE there doesn't seem to be a lot of downside risk vs a lot of high flying tech stocks.
Seems like it's worth a small flyer at this price (again I don't see how they capture a bigger market or grow besides venmo but zelle, apple cash, cashapp many other competitors) but the price after earnings seems ok to take a small position.