PayPal: About That Huge Buyback Plan
PayPal reported another solid quarter for Q1.
The digital payments company produces consistently strong and growing free cash flows.
The stock offers a reasonable value back by huge stock buyback plans.
My last recommendation on PayPal Holdings (NASDAQ:PYPL) over a year ago was to buy the digital payments stock alongside a $2 billion share buyback. After a big rally, the company still signals value even with the market cap soaring beyond $55 billion.
Please see the full article on Seeking Alpha.
Disclosure: No position. Please review the disclaimer page for more details.