Thanks for all that you do in covering PayPal. I know that you also cover the other payment solution companies as well. While Visa and MasterCard are the titans of the industry, I truly believe that PayPal has a tremendous growth opportunity and is relatively unaffected by the “trade war”.
I think PayPal is one of those combo stocks that merges both growth and value investing and during a “downturn” would more than likely fare much better than the typical growth stock. This looks like an opportunity to buy a fairly valued growth stock with big potential.
Buying PYPL would be a way to get back more than the almost 5% Paypal gets from me when I sell things on eBay. eBay gets a little more than 10% from my sales, but is EBAY a good stock these days?
If I understand correctly what I read a while back, eBay is supposed to start using another payment service, though. Right now, I don;t know if it’s even possible to avoid using Paypal to buy anything on eBay.
How much of Paypal’s income is float on people’s accounts, and how much is from fees? I personally transfer money out as soon as I get it, but some people must keep something there. They also offer an “investment” option, called Acorns.