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Enthusiast
Fintech is getting crushed. PYPL is in falling knife territory
Enthusiast
I mean it certainly could, but the market has been punishing all growth stocks. It could certainly be an ARK situation where since peaking in February, it has done nothing and drifted lower.
PYPL is a great company, and LT should do well. I just think there is a level of uncertainty right now in the macro environment where Leaps are hard to assess because it's possible some stocks may not return to their ATH levels for many years (akin to many great companies during the dot com bust, despite having solid financials - Intel, Qualcomm, Microsoft, etc.
Long term both are great holds I think
Subject Expert
PYPL could be swing or a long term hold. I would go light on the swing though because it’s really unclear whether this fintech crushing in growth is going to: continue, reverse + bounce, or chop slowly for a long period of time.
I would advise shares or long / short option spreads where you can manage theta. Don’t try to time naked options—at least not heavily.
DIS is too expensive for my liking with super unpredictable near term macro outlook. It’s priced for a bounce back and reopening of the economy. That rosy outlook gets way more uncertain with inflation. It might get a technical bounce with the recent sell off, but I would not go heavy for an LT position here.
Disagree. It’s not even about the parks. Next year they’re going to release all of their streaming content and that’s what is going to help it take off. DIS is poised to pop sometime next year, just need patience to wait. Think about all the IP they own, too. LT there’s a lot of value there.