PayPal Holdings is rated a "Buy" as its turnaround strategy gains momentum, driven by operational restructuring and a $1.5 billion cost-cutting plan under the new CEO. The company's valuation appears attractive with a 9.5x earnings multiple and over 14% forward free cash flow yield, suggesting it is undervalued despite improving fundamentals. Recent quarterly results have exceeded expectations, and guidance has been raised, indicating positive momentum. While risks from competition and execution remain, much of the negative sentiment seems already priced in, with an estimated 25% upside potential.
Michael Burry, famed for predicting the 2008 crash, has updated his portfolio with Lululemon Athletica as his largest holding, making up about 17% of his investments. Despite this confidence, Lululemon's stock dropped 12% after disappointing quarterl...
PayPal has paused the sale of its venture capital portfolio after receiving offers no higher than 60 cents on the dollar. The portfolio includes investments in companies like Tabby and Anchorage. This move follows PayPal's earlier decision to wind do...
