I understand the overall market perception around PayPal $PYPL. It’s a laggard, no one cares about it.

But it’s laughable to see market pricing them like a dying business at 11.9x P/E and

Yes they’re still a turnaround story, yes there’s alot of competition in payments but - Venmo + PayPal are top finance apps
- they continue to do aggressive share buybacks
- lowest valuation since IPO
- strong FCF
- one of a few fintechs w/genuine partnership with OpenAI
- PYUSD stablecoin is one of the fastest growing tokenized assets in the $1B+ supply category

Think about it this way. We know stocks don’t always move in the timing we expect them too but you rather be in a crowded name everyone’s talking about or in one everyone has reached consensus is “never coming back”?

Not telling you what to do but how to think