Thoughts on PayPal 🧐
After PayPal $PYPL (-0,1 %) lost some ground today after the quarterly figures, I'm going to take a closer look at the company.
I have had PayPal on my extended watchlist for some time. The development of the business is now slowly picking up speed again and the valuation is attractive - especially with regard to the free cash flow yield of over 8% in particular.
Given the current valuation and growth, I see limited downside potential.
What do you think of PayPal? Do you see major problems ahead for the company that justify the valuation discount?
Stay tuned,
Yours Nico Uhlig aka RealMichaelScott