PayPal: Apple Fears Overblown
PayPal(PYPL) Seeking Alpha·2024-06-24 08:00
Yulia Romashko/iStock via Getty ImagesApple (AAPL) just released some payment products with a potential direct impact on PayPal Holdings, Inc. (NASDAQ:PYPL) (NEOE:PYPL:CA). The global payments company offers an intriguing value, yet questions about growth linger, especially following a disappointing innovation event earlier this year. My investment thesis remains Bullish on the stock due to valuation, with the mobile payments company generating billions in annual cash flow while the stock trades at mult ...