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Despite strong earnings results, this payments leader is still a massively cheap stock.
PayPal (PYPL -1.05%) recently reported first-quarter earnings that surpassed analyst expectations and increased its full-year guidance. In this video, I'll discuss the numbers that made me extremely happy, and why I'm a buyer of this fintech leader at these levels.
*Stock prices used were the afternoon prices of April 30, 2024. The video was published on April 30, 2024.
Matt Frankel has positions in PayPal. The Motley Fool has positions in and recommends PayPal. The Motley Fool recommends the following options: short June 2024 $67.50 calls on PayPal. The Motley Fool has a disclosure policy.
Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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