The Amplify Digital Payments ETF (IPAY), focused on the digital payments sector, has significantly underperformed the S&P 500 over the past five years, posting losses in four of the last six years. Its top holdings include major payment processors like PayPal, Mastercard, and Visa, but the mature industry dynamics and concentrated risk profile have led to cautious investor sentiment. Despite the growing trend toward cashless transactions, the ETF's performance has been disappointing, prompting some analysts to prefer other investment options over IPAY for now.
PayPal's $60.50 per share takeover bid by Stripe and Advent International was withdrawn, but the stock remains undervalued at about 9 times forward earnings. The company shows strong fundamentals with stable free cash flow, share buybacks, and a decl...
Buy now pay later (BNPL) stocks surged together, led by Affirm and Klarna, each rising about 5%, while PayPal increased by 2%. This rally contrasts with the broader financial sector's modest gains, suggesting renewed investor interest in BNPL lenders...
