2024-01-27 07:24:00 ET
Summary
- The new CEO has released a not-so-shocking video of the upcoming innovations being released this year at PayPal.
- While these are a step in the right direction. I am not yet sold on the CEO or the vision.
- Having said that, PayPal's valuation is compelling, offering potential for investment with a margin of safety.
Thesis Summary
PayPal (PYPL) is making headlines as the company has announced a new CEO, Alex Chriss. Markets have so far received this news well, with the stock up over 10% in the weeks following the announcement.
Chriss has promised to deliver innovation to the company with hopes of reversing the trend of declining margins. But how exactly does he plan to do that?...
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PayPal: Shocked In A Bad Way