PayPal makes a ton of money. Their business model is high margin and asset light. They literally just make money off transactions whether dollar or crypto denominated. And while PayPal itself might seem like an old payment app they also have Venmo which is relatively new and used by literally everyone I know. Add the deal with Amazon and Walmart and I'm trying to figure out why the stock has been in a downward spiral. Are "buy now pay later" apps from the likes of affirm really going to derail PayPal. Doubtful. All those apps are doing is helping millennials accrue more debt. This consistent sell off for no reason seems similar to Viacom. Seems like manipulation by hedge funds.

Which is fine because I still haven't bought in...but thinking I should soon. In a sea of over valued companies that aren't even profitable, PayPal high highly profitable with a reasonable P/E.$PayPal(PYPL)$