PayPal $PYPL looks interesting here. Stock down 20% on weak earnings. All these growth guys just puking up shares here after they bought this crap at 2% free cash flow yield years ago. Now bottom feeder value guys like me are circling. Things are probably not as bad as these growth dummies think.
$40 billion market cap here. $37 billion enterprise value when you take into account long-term investments. $$5.5 billion free cash flow and $6 billion EBIT. Trading at like 6-7x cash flow. Guiding EPS down mid-single digits. Buying back stock. New CEO. Seems ok to me. Apparently these growth dorks have never bought a melting ice cube before. Usually works out ok if you don't overpay!
Feb 3
at
4:19 PM
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