Initiate Call Options Trade on PayPal Based on Bottom Formation

3 months ago

"And with me seeing the trend of PayPal, I think this is finally the time for me to start maybe buying call options on the stock or do something around it. But I personally see at least 15 to 17% annual return on PayPal. So for me in this overvalued market I think PayPal is still presenting one of the best opportunities in the market especially with me seeing how the trend is reversing in terms of revenue growth. It was declining, now it's accelerating. Venmo is starting to grow again. Braintree is doing well and the business is headed in the right direction with a new deal with Open AI."

The speaker asserts that PayPal has likely bottomed and signals an actionable trade by considering call options on the stock. He cites improvements such as reversing revenue growth trends, positive performance from Venmo and Braintree, and a strategic deal with Open AI. He projects a 15-17% annual return based on current fundamentals and a low valuation, making it one of the best opportunities in an overvalued market.

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