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Fundamental Analysis

PayPal: No Hidden FeesPayPal continues to solidify its position as a global leader in digital payments, with a growing influence in e-commerce, financial technology, and consumer finance. PayPal's legacy of innovation, coupled with its strategic expansion into emerging markets and technologies, makes it a compelling investment for those looking to capitalize on the next wave of financial technology advancements. NASDAQ:PYPL Financial Performance: Revenue Growth: PayPal reported a 7% year-over-year increase in revenue for Q2 2024, largely driven by the success of its merchant services and consumer financial products, which together saw a robust 10% growth. This highlights PayPal's ability to adapt to changing market demands and expand its revenue streams. Earnings Beat: The company exceeded analyst expectations with an EPS of $1.45, outperforming the consensus estimate of $1.32. This marks PayPal's fifth consecutive quarter of earnings beats, showcasing its operational efficiency and strong market positioning. Cash Flow: PayPal's free cash flow improved to $6.8 billion for the first half of 2024, a 9% increase compared to the same period last year. This strong cash flow provides PayPal with the liquidity needed for continued innovation, strategic acquisitions, and potential shareholder returns. Fintech Leadership: Buy Now, Pay Later (BNPL) Expansion: In 2024, PayPal's BNPL offerings experienced a 20% increase in active users. This significant growth underscores the platform's appeal to both consumers and merchants seeking flexible payment solutions, particularly in a rising interest rate environment where credit accessibility is tightening. Cryptocurrency Integration: PayPal's cryptocurrency trading and payment services gained momentum in 2024, with a 15% increase in cryptocurrency transactions on its platform. As digital currencies become more mainstream, PayPal's early adoption positions it as a key player in this evolving market. Strategic Acquisitions: The acquisition of Paidy, a Japan-based BNPL firm, in late 2023 has already started to deliver positive results in 2024. This move enhances PayPal's presence in Asia, a region with immense growth potential, making PayPal a more formidable competitor in the global digital payments space. Partnerships: The expansion of PayPal's partnership with Shopify in 2024 is proving to be a win-win, delivering joint e-commerce and payment solutions that cater to global merchants. This collaboration further strengthens PayPal's role as a leading technology enabler in the e-commerce ecosystem. Technical Analysis: Stock Performance: As of August 23, 2024, PayPal's stock is trading at $70 per share, reflecting an 40% year-to-date increase. Despite this strong performance, the stock is still trading at a forward P/E ratio of 35x. This suggests that PayPal's stock may be undervalued relative to its peers, presenting a potential buying opportunity for investors. Price Target: Analysts remain bullish on PayPal's growth prospects, with a consensus price target of $220, representing a significant upside over the next 24 months. This optimistic outlook is supported by the continued expansion of PayPal's high-margin digital payment and fintech businesses, as well as its strategic moves in the BNPL and cryptocurrency spaces. Fundamental Perspective: While PayPal does not currently offer a dividend, its strong balance sheet, robust cash flow, and impressive growth potential make it an attractive investment for those looking to gain exposure to the rapidly evolving financial technology sector. The company's ability to consistently beat earnings expectations, coupled with its strategic focus on innovation and market expansion, underscores its potential to deliver long-term value to shareholders. Upcoming Earnings Dates: Q3 2024 Earnings: October 26, 2024 (preliminary) Q4 2024 Earnings: January 30, 2025 (measurable) PayPal's continued innovation and strategic growth make it a standout choice for investors looking to ride the wave of financial technology advancements. This revision emphasizes both the technical and fundamental aspects of PayPal's current position, highlighting why it remains a strong buy as of August 23, 2024. $71.80 NASDAQ:PYPL
NASDAQ:PYPLLong
by lognomics
Bitcoin to 100k this year?Hey guyys! So Trump won the election and we have new BTC ATH! And I think we all wondering where we can go now? Let's check the chart and daily we have bullish MA cross, huge volume on this election day. But, another day volume is not pretty nice and looks like more manipulative movement. So I think if we will stay long at the ATH level without moving up with descending volumes, we could potentially see some correction. If we stay above 69k, most likely after this short correction we can go up, if we're not holding this level we can go to 59-63k level. Cause real rally for me, will happen in 2025. What's your ideas, guys? Let's discuss in the comments? Are we going to 100k this year or only in 2025?
by SheTradesHub
2
Tesla’s Power Move: $300 Broken, $322 in SightUpdate: Good morning, trading family. It’s your guide, Mindbloome Trader, here to remind you to trade what you see. Tesla has broken through $300 and is holding strong. If it keeps this momentum, $322 is a realistic target. However, if it slips below $300, it could just be pausing before its next move. Stay patient, follow the trend, and trust the process. Let the market show you the way. Mindbloome Trading/ Kris Trade What You See
NASDAQ:TSLALong
by Mindbloome-Trading
Why $OM May Be the Investment to WatchMarkets is doing well, and I’m buying more NASDAQ:OM 🕉️ With impressive growth and increasing adoption, NASDAQ:OM is quietly gaining momentum as it approaches a strong support level, which I think is key for an upward push 📈 I believe the bottom is in, and from here, we could see a solid move toward 1.8, with potential to reach $3 by year-end. Long-term, I’m confident NASDAQ:OM has a path to $10+. #MANTRA #RWA #CryptoNews #Investing
Long
by hassanxali3
GBP/USD tests key 1.30 handle ahead of FOMCThe pound rallied following the Bank of England’s decision to cut interest rates earlier. Governor Bailey refrained from defining what “gradual” would mean for the pace of future cuts. The GBP/USD rally was aided by a sharp drop in the US dollar. The focus is now turning to the FOMC rate decision, which means the greenback could change course again. The Bank of England lowered rates by 25 basis points to 4.75%, aligning with market expectations. The Monetary Policy Committee voted 8-1 in favor of the cut, as anticipated. However, the BoE maintains it can’t lower rates “too quickly or by too much,” opting instead for a more measured approach. The central bank sees a gradual easing as appropriate, keeping to its September guidance on rates. The recent budget is expected to lift inflation slightly, adding around 0.5% to CPI at its peak according to the BoE —just above the forecast from the Office for Budget Responsibility (OBR). Like the OBR, the BoE isn’t expecting significant economic growth from this budget. As it stands, the Bank intends to continue cutting rates gradually over the coming months. This should keep the GBP under pressure. Will the GBP/USD now hold below the key 1.30 handle or break above it? What it does here will determine the near-term direction. All eyes are on the Fed Chair Powell. The Fed could shed light on the central bank’s next steps. Markets are fully expecting a 25-basis-point reduction. Chair Powell may steer clear of any commitment to a rapid easing cycle, especially if he believes Trump’s policies could drive inflation. Any indication of hawkishness could boost bond yields further, which could give the dollar another boost. Even though rate expectations have shifted, significant changes in market trends are unlikely in the immediate term. However, over the coming quarters, rising US yields could strengthen the dollar, adding pressure on other economies while supporting the US market’s broader trend. By Fawad Razaqzada, market analyst with FOREX.com
by FOREXcom
11/7/24 - $asts - Y'all ready to ball? Bot it!11/7/24 :: VROCKSTAR :: NASDAQ:ASTS Y'all ready to ball? Bot it! - honestly i'm still pretty cash heavy, so i'm playing ITM calls (and have started taking profits today as well... still hold NASDAQ:META , NYSE:TSM , NYSE:UBER as well as added on the top to my long-dated NASDAQ:NXT 's and hold a nice bag of OTC:BITW too). - but that being said, with solar re-popping. i "get" that NASDAQ:ASTS "isn't" space X... and elon has his opinions. he's a competitor. he's an edge lord. his job is to do this - duh. - for a stock that has such high interest, cool application... i'd expect IV to jump around earnings next week, or even more generally if risk remains bid. can't say i'm in for a lot - but i have some $20 C's for next week. seems like an interesting bet. and if the stock actually sells off i can decide to take a larger shares, or longer-date ITM calls position like i did my other core names above. - what do you think. shall we ball, brawl or bawl? TO THE MOON ;) V
NASDAQ:ASTSLong
by VROCKSTAR
11/7/2024Today I took a couple of trades (not my original plan) I noticed that the trend was bullish so I made a plan, I got on the charts early about 8:30/9:00 o'clock and marked my zones. I attempted to follow my plan and stick to it because I need control and I do not want to pull pointless multiple triggers a day. The plan was to go long, but I don't think that today was a good idea for that type of strategy.. At first I did manage to make $536 however because of the activity in the market and because there's choppiness it caused me to double guess and have multiple entries and exits. I did try to walk away a few times but I started losing money and I lost 90% of my earnings and I only was able to walk away with about a $100 when I accounted for my losses.
CME_MINI:MESZ2024Long
by laurabalanta1
1
Silver a win-winMy positioning Anyone who's been following me for a while knows I've been quite bullish on silver for the past few years. In fact, I initiated my AMEX:SLV position in early 2021 when it was in the low 20's and then in late 2022 I rotated almost 50% of that position into AMEX:SILJ when it was right around $8. It was mostly dumb luck but I nearly bottom ticked that market and bought within an hour or so of what's become a multi-year low. I've continued to hold these two core long term positions, while also trading around the core positions when short term setups present themselves. The win-win Before I get into the chart technicals I want to get into the fundamentals that I think make silver a win-win in the long term. I typically don't use fundamentals when I trade but I don't consider this a typical in-and-out trade. This is more of a long-term hold based on my own fundamental thesis and supported by chart technicals. The crux of my win-win thesis is that silver will outperform in both a bullish economic outcome and a bearish economic outcome. In the bullish economic scenario, the already voracious global silver demand will continue to increase as solar, AI and EV demand continues to grow. The question at this point isn't if, but how fast. The rate at which silver is being consumed could outstrip production by as much as 200moz by the end of this decade. While I expect scrap and new mining to somewhat fill that gap, it will eventually create a vacuum that only an increase in price will resolve. In the bearish scenario the globe slips into a severe recession. This would cause industrial use of silver to plummet but safe haven demand for silver to explode. While the demand in the bullish scenario is more gradual, the demand in the bearish silver is explosive and would likely lead to a hockey stick price move. The most bearish scenario for silver is that the globe goes into a mild recession, where demand for silver drops materially but the large safe haven demand doesn't materialize as it would in a severe recession. In this case silver may tread water and bounce around in range. The technicals The silver chart makes just as compelling of a case as the fundamentals. Silver has what Peter Brandt has affectionately referred to as "the mother of all cup and handles". While the 45 year pattern means this could take quite a long time to play out (years...decades?) it still offers a very nice long term potential and clear boundaries to trade within. Within this very large pattern we often see shorter timeframe patterns form that offer both long and short setups. This sets up a nice situation where you can have a long term core position, and then trade around that core position when shorter term setups present themselves, either long or short. The next few key support and resistance levels I'll be looking to trade around is the $40 level and the $48 level. Beyond that and we'll be into all-time-high territory where I'll trade whatever price action happens to be at that point in time. Options Another nice thing about SLV is it gives us options (no pun intended). For a scenario where I'm long term bullish but I think price has rallied too far, too fast and it's looking a little frothy in the short term, rather than closing some of my spot position outright and risk missing out on further rallying another approach is to sell OTM (out-of-the-money) covered calls. Implied volatility would be elevated so you'd likely be getting paid a good premium, and if price does rally up to or beyond your strike price, then you can either choose to hold and let your shares potentially be called away or if your still bullish you can roll the options up and out (up in strike and out in time). You'll collect more premium and move your sell point to a higher price at the cost of taking on more time risk. There are exhaustive resources out there if you're unfamiliar but interested in this type of strategy.
TVC:SILVERLong
by krugman87
ELF stock HLStocks highlights: Elf Beauty (ELF) Intrinsic value(DCF, operating CF) : 146USD TA: Base formed and a strong up break post earnings and very strong growth stock with 40%+ revenue growth rec to put max 10% into portfolio AI Earnings report summary: Based on the financial report, the key growth drivers for e.l.f. Beauty are: 1. Consistent category-leading growth: The company has delivered 40% net sales growth in Q2, fueled by 195 basis points of market share gains in the U.S. and 91% net sales growth internationally. 2. Strength in both retailer and e-commerce channels: The company has seen strength in both its retailer and e-commerce channels, driving growth in net sales. 3. International expansion: The company has seen significant growth in international markets, with 91% net sales growth in Q2. The area of concern is: 1. Increased SG&A expenses: The company's SG&A expenses increased by $74.0 million to $186.1 million, or 62% of net sales, primarily due to an increase in marketing and digital spend, compensation, and other expenses. This increase may put pressure on the company's profitability.
NYSE:ELFLong
by jokersxsd
Lyft | LYFT | Long at $9.75First, from a technical analysis perspective, NASDAQ:LYFT has not "officially" found a bottom yet. No one can confidently state it has - their guess is as good as yours. This analysis is full of caution simply around the fact this stock could absolutely dip to below $5.00 in the future. With that said, NASDAQ:LYFT is currently the #3 travel app in the Apple store (#1 is Uber, #2 is Airbnb). It has a 4.9 (Apple) and 4.7 (Google) star rating and tens of millions of downloads. Car prices, insurance rates, parking fees, gas/electric rates, etc. are pushing more people into the rideshare environment. With a recession knocking on the US's door, the fee-for-service model will make more sense than actually owning for many. But, a recession is a recession and the market hates them... Lyft is currently the only true competitor to Uber and its earnings are likely to grow as the travel environment "modernizes" in the future. At $9.75, the stock closed all previous lower gaps on the daily chart. Currently, open price gaps (which are often good predictors of future price movement) are all above its current price. A bottom *may* be in, but see intro... I view the current price as a personal buy zone with room for additional shares if the price dips to near $5 (and fundamentals don't change). A high-growth potential stock in an ever-changing travel environment. Target #1 = $15.00 Target #2 = $22.00 Target #3 = $30.00 Target #4 = $75.00+ (long-term view...)
NASDAQ:LYFTLong
by NicksAnalysis
1
$10 by June 2024It's 2024, 3 years since people received free money from our government, people already started draining their savings accounts. Everything got much more expensive. Rising auto loan, credit card, mortgage delinquencies. We already had crypto pumps begging this year and these pumps were much smaller than 2021. I don't think people have money to pump anything anymore. The recent GME and AMC pumps were also small compared to 2021 pumps. I think time is about to come for the entire crypto industry. Let's be honest, it's a pure game. I'm long BITI. Current position: 5000 BITI shares.
AMEX:BITILong
by iTheOne
6
Humana | HUM | Long at $220.00Humana NYSE:HUM took a nosedive to "crash" levels (based on my selected simple moving averages (SMA)) this morning after a lower-performance rating for a widely used Medicare insurance plan is expected to hurt enrollments for 2025 (and will potentially hit the health insurer's revenue and bonus payments in 2026). However, I view this massive drop as an opportunity for an initial long entry for a great value stock. The company is strong, highly rated among patients, and solid fundamentals despite the anticipated earnings drop. From a technical analysis perspective, it touched my "crash" SMA, but may dip further after a dead cat bounce to the $190s in the coming days or weeks. But, predicting true bottom is a fool's game, so at $220.00, NYSE:HUM is in a personal buy zone for an initial long entry. Target #1 = $250.00 Target #2 = $275.00 Target #3 = $314.00 Target #4 = $340.00
NYSE:HUMLong
by NicksAnalysis
Bitcoin hits new all-time high amid U.S. elections!Yesterday, November 6, 2024, the U.S. presidential election results were announced, and the race was won by Donald Trump, a strong advocate for cryptocurrency! During his campaign, on September 18, 2024, the current U.S. leader made a bold move toward the digital asset community by treating supporters to burgers at PubKey in New York, paid for in Bitcoin. During the voting and after the results were announced, Bitcoin (BTCUSD) demonstrated a rapid surge. Starting around $68,000, Bitcoin broke past $76,000, hitting a historical peak and posting an impressive 12% gain within just 24 hours! In addition to the support from the leader of one of the world’s top nations, cryptocurrency has plenty more cards up its sleeve. Key growth factors and expert insights: Institutional investor interest: Major corporations and institutional investors continue to increase their Bitcoin investments, supporting high demand and limited supply in the market. For example, well-known company MicroStrategy (#MSTR) acquired 5,445 BTC for $150 million from August through late September! Rising demand amid economic uncertainty: With inflation on the rise, geopolitical instability, and volatility in traditional markets, investors are seeking more stable assets. Bitcoin, alongside gold (XAUUSD), is becoming a preferred choice for capital preservation. Expectations of U.S. Fed policy easing: With potential interest rate cuts on the horizon, interest in cryptocurrencies as alternative assets is increasing. Experts estimate an 87% probability of a rate cut at the next meeting, creating additional incentives for investing in BTC and other crypto assets. Positive analyst forecasts: The projected minimum Bitcoin price in January 2025 is $71,468, with an average of $78,168 and a maximum of $80,402. By December, these figures are expected to rise to $106,235, $109,213, and $124,937, respectively. Growth is anticipated to remain steady, without declines or corrections, throughout the year. On September 19, 2024, FreshForex analysts highlighted the undeniable growth drivers for the entire crypto sector. With Trump at the helm of the U.S., crypto growth is practically inevitable! Don’t miss your chance!
BINANCE:BTCUSDLong
by Fresh-Forexcast2004
EUR/USD: Potential Decline Amidst US Dollar Strength and Econ...EUR/USD: Potential Decline Amidst US Dollar Strength and Economic Developments As we delve into the forex markets, one of the most watched currency pairs, EUR/USD, is facing mounting pressures that could lead to further depreciation of the euro against the US dollar. A confluence of economic indicators, political shifts, and technical analysis suggests that the outlook for the euro may not be optimistic in the near term. US Dollar: Strength from Political Winds Recent trade activity surrounding the US dollar has gained traction, particularly as the Republican Party appears positioned to exercise substantial influence over the economic agenda. With a focus on implementing expansive tax cuts and trimming government spending, the potential for an invigorated US economy grows. This could lead to increased investor confidence in the greenback, bolstering demand and ultimately driving the EUR/USD pair lower. Moreover, support for the US dollar may be further fortified by upcoming economic announcements. Today's schedule is packed with significant economic data, including the unemployment claims, the Federal Funds Rate decision, the FOMC Statement, and the FOMC Press Conference. Each of these factors will provide insight into the health of the US economy and the potential direction of monetary policy, likely impacting the dollar's trajectory. Impact of Trump Tariffs on Europe The economic climate in Europe could face challenges as the repercussions of Trump-era tariffs continue to reverberate. Concerns regarding sluggish growth rates in key Eurozone economies may prompt the European Central Bank (ECB) to adopt an even more accommodative stance. Analysts speculate that the ECB could consider cutting interest rates to near zero by 2025 if economic expansion remains tepid. Such a move would further weigh on the euro, making it less attractive to investors compared to a potentially rising dollar. Technical Analysis: Possible Demand Area From a technical perspective, the EUR/USD pair appears to be approaching another critical demand area. Recent Commitment of Traders (COT) data highlights a contrasting sentiment in the market, with retail traders predominantly holding bearish positions, while "smart money" seems to be accumulating long positions. This divergence can be a strong indicator of upcoming price movements. Analysis of the daily footprint suggests that the price has recently reached and confirmed this demand zone, which may provide a potential reversal opportunity. In line with seasonal forecasting, traders may want to keep an eye on historical patterns that indicate a possible bullish surge. Daily Footprint 6E1! Crafting a Trading Plan Given the myriad of factors at play, traders should align their strategies with their trading rules and risk tolerance. As the economic landscape evolves, the decisions made in the coming days and weeks will be crucial. Monitor Economic Data: Pay close attention to today's economic releases. Positive data could further bolster the USD, while any sign of weakness in the Eurozone could hasten the depreciation of the euro. Watch Technical Indicators: Keep an eye on key support and resistance levels. A sustained move below the current demand area could signal a bearish continuation. Consider Seasonal Trends: Be aware of seasonal patterns that might indicate a potential bullish retracement. Market dynamics can shift quickly, so having a flexible plan is essential. In conclusion, while the EUR/USD pair is currently under pressure, the interplay between political developments, economic indicators, and technical signals may create opportunities for discerning traders. Staying informed and adaptable is key as the market navigates through this evolving landscape. Previous Idea closed: ✅ Please share your thoughts about EUR/USD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
by FOREXN1
1
ARTYFACT - Best ALT Coin to Buy After Trump Win Trump's victory send a clear bullish signal to the entire crypto universe. Bitcoin updated the all-time high even before the official victory was declared. The alt season is coming soon, as the crypto investors will start calibrating their crypto portfolios, buying alts on BTC profits. Checking hundreds of different long-term buying opportunities, the one that provides the best reward potential is of course ARTYFACT. Being stuck on historic lows, the market already demonstrates a strong bullish sentiment. A recent Change of Character on a daily gives a strong technical analysis confirmation and indicates that more growth is coming. The price may easily continue growing and reach 0.55 level this week already. That gives 20%+ net gain if you just buy from current prices. With a mid-term realistic target being 1.0 level, you can easily double the invested amount before the end of the month. From a fundamental standpoint, the ARTYFACT team is preparing a lot of interesting projects. Its confirmed presence in Epic Games, XBOX and PlayStation stores promises the attraction of a wider audience and inflow of larger capitals. While the sleepy ones are still thinking to buy bitcoin from current prices, be smart and start investing in altcoin. Let ARTY be the perfect pick for your porfolio.
Long
by SignalProvider
1