TradingMavericks

PYPL : BLUE SKY / SWING TRADE

Long
NASDAQ:PYPL   PayPal Holdings, Inc.
Digital Payments remain a strong area of growth, riding on pandemic tailwinds encouraging a move towards a cashless society.

Despite strong pressure from other third-party payment providers, PYPL has the competitive ammunition needed to thrive, driven by its two-sided merchant and consumer network.

Nonetheless, there are some headwinds that investors should look out for which may limit the potential of PYPL moving into 2021.

Current valuations on FY19 numbers reflect a neutral outlook, but the possibility of rejuvenated revenue streams from crypto and pandemic tailwinds can serve to revise estimates upwards.

SOURCE : PayPal: A Protagonist In A Digitalizing World, 10 Jan 2021, BK Tan, SeekingAlpha
seekingalpha.com/art...n-digitalizing-world
Trade closed: target reached

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