$PayPal(PYPL)$ it’s trading at 35X forward PE with 22-25% EPS growth and so are MA and V. Yes, I agree with you that it was way overvalued @ $250-300 for sure which is why I didn’t touch it. But down here, it’s reasonably to slightly undervalued. They actually have a shot to grow much larger once Venmo becomes a premier way to pay such as MasterCard$MasterCard(MA)$ and visa$Visa(V)$ are today and I believe the market knows this. In this space, PayPal is the global leader but once they infringe full time on MasterCard and visa space, lookout! I like buying #1 companies 40% of the 52 week high for a decent bounce. I consider a decent bounce 20% off the 52 week low of $179
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