I feel like it would be a good investment. I just bought some and think its gonna increase. I would say buy now and it probably will go up to atleast 50 and safely sell then. Haven't watched the stock a lot so I am not sure but I would say its a safe bet on the company itself.
I am not a large-amount investor, and I mainly go for diversified funds. But I have one account where I buy stocks in companies I use and trust to some extent. So I did use that to get some PYPL. I think it will be a good 'buy and hold' stock.
It's a pretty safe bet. As long as online shopping exists, people will always need PayPal. It's safety means that people continue to use it despite the fees they charge and I don't see it declining in popularity any time soon. Despite all the talk, it seems unlikely that Bitcoin will take over as a preferred payment option either so on the whole, investing seems like a sensible option.
I just do not see where the growth is going to come from. Paypal is in a very ackward state, and always has been because they feel a lot like a bank or at times a visa/MC competitor.. but on both of those things, they are not regulated by the government. As soon as they try to branch out or expand to offer more services, they are going to end up getting some politician wanting to regulate them more and you will have some major banks or credit cards lobbying for paypal to be regulated. It is similar to what happened to credit unions in the 70s and 80s.. they grew fast because they were not considered banks and thus had easier regulations.. but then they moved into more traditional banking roles, and the hammer dropped on them. I think the same is likely to happen to paypal soon, especially if they try to expand services offered. And without that, where is the growth? they already saturate the USA and most of Europe. Also, I agree about bitcom, it will die soon. It was never anything but a ponzi scheme where the first people in were the only ones going to see money from it.
I quite like paypal as a service. It's fast and simple and for the most part it works really well. As an investment, I don't think I have enough info yet. It's an interesting company but I'll wait for a few more quarterly reports to be published before I make any decision. I'm not too heavy into financials and I do prefer banks in this particular sector so I think I won't be owning paypal anytime soon.
I think the growth will come internationally, Paypal is expanding like crazy and forming connections with banking structures in over 200 countries. And it is already regulated. Paypal is not like these cryptocurrencies that are evading jurisdiction and control, and it is no like a bank either. It is more like a really clever version of Western Union. Any major regulatory issues with Western nations were resolved a decade ago.
I have no qualms whatsoever with Paypal, I prefer it to other modes of online money transfer, Its efficient and quite simple to work with, who knows, maybe in the near future I'll buy some of its stocks
I also like Paypal for the convenience and its service is proven already. But with the shares of stocks, the value would keep on increasing in terms of patronage of Paypal but when it comes to stability, it may suffer a setback then the central bank comes in. So I guess investing in Paypal stocks for now is quite risky because the stability of the business is still in question. But if it would be allowed with the present setup of operation, I would definitely buy Paypal stocks.
