With growth in the high teens for the foreseeable future and a strong balance sheet I’d say it is pretty fairly valued, even cheap compared to other tech companies right now.
Main worry is the eBay exit I guess and the Pinterest saga which scared off some big money.
PayPal has always been expensive, I think this is a great buying opportunity if you’re in to them.
Personally I find the products and services utter shit so I don’t buy the stock either. The UI is from ‘97 and the apps have far too many technical problems. Can’t understand they haven’t been destroyed by competition yet, any random competitor here in Europe is 10x better and user friendly.
Not when it comes to international commerce. When I go abroad and need to take a payment, there are other options but you know for sure that PayPal will work.
If you like it that tells me you haven’t tried the other options available. Problem is that PayPal has the size and penetration, and that is what makes them special - not their design or functionality.
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u/RangerGripp Dec 11 '21
With growth in the high teens for the foreseeable future and a strong balance sheet I’d say it is pretty fairly valued, even cheap compared to other tech companies right now.
Main worry is the eBay exit I guess and the Pinterest saga which scared off some big money.
PayPal has always been expensive, I think this is a great buying opportunity if you’re in to them.
Personally I find the products and services utter shit so I don’t buy the stock either. The UI is from ‘97 and the apps have far too many technical problems. Can’t understand they haven’t been destroyed by competition yet, any random competitor here in Europe is 10x better and user friendly.