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Originally Posted by -King-
Why PayPal?
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Beaten down and I think their long-term outlook is strong for when tech stocks rebound.
PE of 80 down to a more realistic range of 30 and below most of it's competitors now with recent drop in share price. Earning growth potential still remains strong.
Stock down 65% from it's high and back to pre COVID levels.
Concerns remain about inflation and revenues, however. This is true of most companies though, but at some point I believe all the beaten down tech will lead us back when the markets rebound.