Is Paypal a Memestock?
Mounting debt may be an issue, but there's no way 
PYPL should look like this from a chart perspective.
While
NVDA became the 6th largest company in the world today, Paypal used to be a $400+ billion dollar enterprise, but it looks like junk now.
What gives? The company still throws off more than 30b in revenue a year, pricing it at only 2.5x sales???
A lot of worry has been put into
AAPL launching their new payments platform, but no actual product has hit the market yet. Until then, PayPal is still for sure the global leader and an undervalued player relative to its peers.
Maybe
EBAY will buy them back?
PYPL should look like this from a chart perspective. While
NVDA became the 6th largest company in the world today, Paypal used to be a $400+ billion dollar enterprise, but it looks like junk now. What gives? The company still throws off more than 30b in revenue a year, pricing it at only 2.5x sales???
A lot of worry has been put into
AAPL launching their new payments platform, but no actual product has hit the market yet. Until then, PayPal is still for sure the global leader and an undervalued player relative to its peers. Maybe
EBAY will buy them back? 
Pierce Crosby
GM, Americas @ TradingView
GM, Americas @ TradingView
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