I feel what's happening to PayPal is nothing short of a complete overreaction. This market has been nothing but volatile recently and PayPal is being grossly undervalued for what it's bringing to the table currently.
Though it's less relevant in comparison to years past, that's really only the case in the US. Paypal is huge in Europe and the company is still growing. They have good financials with good earnings and I think it's being overlooked.
If they use their authorized $15 billion in funds to repurchase stock I don't see a world where this company doesn't shoot up past $95 a share.
What's your guys thoughts?
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