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PayPal has seen its stock fall below pre-Covid levels despite the company continuing to generate solid growth rates. The market doesn't appreciate the level of innovation taking place at the digital payment company with a massive TAM. PYPL stock trades at a massive discount at only 12x forward EPS estimates due to oddly low investor confidence. The market can be a perplexing place due to valuations being highly subjective and driven mainly by confounding financial metrics. A prime example of this issue is the depressed value of  PayPal Holdings  ( NASDAQ: PYPL ) despite knowledge of tough  Covid era comps while some tech giants have limited growth and off the charts investor confidence. My  investment thesis  is ultra Bullish on the stock of the digital payments company trading below pre-Covid levels. Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please review the disclaimer page for more details. 

  Affirm plunges following a weak sequential guidance for FQ4. The BNPL service continues to onboard Shop Pay merchants providing a substantial growth opportunity. The fintech takes on more credit risk than probably understood by the market at the time of the overhyped IPO. The stock remains expensive based on pure revenue metrics of 14x FY22 estimates. Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our model portfolio.  Learn More » The buy now, pay later stock continues to slump as the market right-sizes their view on  Affirm Holdings  ( AFRM ). The stock surged to nearly $150 following a hot IPO, but Affirm has now slumped below $50. My  investment thesis  remains Bearish on the stock as guidance doesn't match the huge ramp in merchants. Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please review the disclaimer page for more details.  Update - July 19 The lowe...

  Payoneer reaffirmed strong 2021 financial targets, including 25% revenue growth. The SPAC had fallen back to the $10 PIPE price providing an ideal entry level along with big institutions. The stock trades at an EV of only 7.6x '21 sales targets. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More » As SPACs fall out of favor, an attractive business combination such as the deal for  FTAC Olympus Acquisition  (FTOC, FTOCU) to combine with Payoneer is even more appealing now. The global payments market has decades of growth ahead as more companies move to digital payments and the existing companies grow. My  investment thesis  is even more bullish as investors can acquire the digital payments leader for the same price as major institutions. Read the full article on Seeking Alpha.  Disclosure: Long PAYO. Please review the disclaimer page for more details.  Update - July 1 A few days ...

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. 

PayPal is making strides to improve leverage after the split from eBay. Apple Pay, along with other payment options, are viable threats that are likely to cause volatility in the stock. The stock trades at an attractive valuation compared to the potential for digital payment growth that includes emergent mobile and P2P. The interesting part of the PayPal (NASDAQ: PYPL ) story is the digital payments provider has a business similar in size to MasterCard (NYSE: MA ). The payments network provider is generally seen as a bigger company due to the market valuation of nearly $110 billion, but both companies are on pace to soon pass an annual revenue run rate of $10 billion. Read the full article on Seeking Alpha. Disclosure: No positions mentioned. Please review the disclaimer page for more details.