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.