PayPal Stock: The Dip Should Be Bought
PYPLPayPal(PYPL) Seeking Alpha·2024-07-09 23:22

chameleonseye My Thesis Update After I initiated coverage of PayPal Holdings (NASDAQ:PYPL) stock at the end of January 2024, the stock price continued to remain in its usual price channel that started in mid-last year. So the stock basically went nowhere for the past few weeks while the S&P 500 index (SP500) (SPY) continued to update new all-time highs. Unfortunately for me and my bullish thesis, PayPal didn't react to the catalysts that I had assessed as extremely positive back in January and also in April ...