Jan. 12 at 10:25 PM
$PYPL Lately, many have been frustrated by the disappointing share price performance. I'm really pissed off too, but this is a sign that the bottom is very, very close. Let's look at the facts. The market capitalization is now so low that the company can buy back almost 1% of all outstanding shares per month! The first-ever dividend is a sign that management expects sustained and increasing profits. The P/E ratio for the current year is around 10, and below 9 for next year! The company is innovating again (collaborations with Google, Microsoft, ChatGPT, etc.), and revenues should increase significantly soon. All in all, a very good risk-reward ratio. I firmly believe that we will see triple-digit share prices this year. Hang in there and don't sell at the bottom.
