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Fintech Stocks

Paypal Is A Solid GARP

Paypal (PYPL) $69.50 (Fintech)

This is great for Paypal, we had a Buy maintained on the group on a couple of occasions. Paypal is a reasonable value, GARP (Growth At a Reasonable Price) company, will keep chugging along with a limited downside and steady appreciation.

Shopify adds Paypal as payment processor along with Stripe.

I’ve been bullish on Shopify and its two other investments Klaviyo and Affirm, and Shopify has a lot of growth potential as it keeps adding larger customers with muti channel operations. Paypal will definitely benefit from this.