Someone sold shovels to the Cali gold miners in 1848
Paypal is still seeing terrific sales growth followed by strong earnings.
PYPL net margin (15.5%) while not the best for the tech sector, is remarkable compared against:
I think there will be a great deal of growth in the cryptocraze with traffic being driven to Paypal as they worked the headlines for months as being a BTC source. The crypto craze is only starting, but buy or sell BTC those transaction fees will be reaped here - and they will indeed get into retained earnings as PYPL is run well & lean on the books.
PYPL net margin (15.5%) while not the best for the tech sector, is remarkable compared against:
- TGT 4.3%
- WMT 3.6%
- AMZN 5%
- GS 11.6%
I think there will be a great deal of growth in the cryptocraze with traffic being driven to Paypal as they worked the headlines for months as being a BTC source. The crypto craze is only starting, but buy or sell BTC those transaction fees will be reaped here - and they will indeed get into retained earnings as PYPL is run well & lean on the books.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.