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PayPal Holdings, Inc.
Long
Oct 22, 2023
The Market Is Dead Wrong
8
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Block and PayPal are trading at exceptionally low levels and have the potential for substantial revenue and profitability growth.
The drop in stock prices is due to overvaluation during the previous bull market, but the pendulum has swung too far in the opposite direction.
Changes in leadership at both companies could lead to increased efficiency and profitability.
The market should revalue SQ and PYPL much higher as economic growth improves and the Fed provides a more accessible monetary environment.
ElFarihi
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