PayPal reported a huge Q4 that beat analyst top-line expectations by $120 million.
PayPal has seen great performance relative to the S&P 500, the company's earnings have been solid, as more and more consumers shift the majority of their services online, PayPal is getting a good chunk of that.
Yet, PayPal dropped last week more than 15% due to eBay announcement that they will switch main payment processor from PayPal to Ayden.
PayPal's earning from eBay is around 13% of it's total earning, I see this is as good a good buying chance, will keep an eye on it this week and see how the market keeps reacting if it finds support and hold and jumping in
General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.
This is not a financial advice.