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Buy, Sell Or Hold? Netflix, PayPal And The 6 Worst-Performing Stocks Of 2022
Friday, April 29, 2022 - 12:39pm | 931Read More...The SPDR S&P 500 ETF Trust (NYSE: SPY) is off to a horrible start to 2022, down 11.7% year-to-date. However, a handful of popular stocks have severely lagged the market and generated much heavier losses for investors this year. The threat of sharply rising interest rates and a slowdown in...
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BofA On PayPal CFO Departure, Company's New Strategy
Wednesday, April 13, 2022 - 11:52am | 242Read More...Although there were execution issues at PayPal Holdings Inc (NASDAQ: PYPL), the departure of John Rainey as CFO was unexpected and shares declined by 2% in after-hours trading on Tuesday, according to BofA Securities. The PayPal Holdings Analyst: Jason Kupferberg maintained a Neutral rating for...
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What Is PayPal 3.0 — And How Does It Affect Investors?
Thursday, April 7, 2022 - 1:08pm | 318Read More...PayPal Holdings Inc (NASDAQ: PYPL) is undertaking several growth initiatives that could shape its future, according to BofA Securities. The PayPal Holdings Analyst: Jason Kupferberg maintained a Neutral rating on PayPal Holdings, with an unchanged price target of $118. The PayPal Holdings Thesis:...
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9 Best 401(k) Stocks To Buy Right Now
Wednesday, March 16, 2022 - 2:56pm | 1117Read More...It can be fun to trade meme stocks, speculate on penny stocks and take a gamble on high-risk stocks that could be 10-baggers in a couple of years. However, investors buying stocks for their 401(k) or other retirement accounts should be looking for an entirely different type of investment. The best...
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BofA Downgrades PayPal, DXC Technology, Upgrades 2 Other Payment Stocks: What Investors Need To Know
Wednesday, March 9, 2022 - 11:25am | 424Read More...While there is heightened geopolitical risk and macro uncertainty, the U.S. labor market remains solid, according to BofA Securities, which made rating changes to four stocks in the payments sector Wednesday. The Payments Analyst: In separate reports, analyst Jason Kupferberg changed the...
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5 Block Analysts Praise Q4 Earnings Beat, Cash App Outlook
Saturday, February 26, 2022 - 10:05am | 598Read More...Block Inc (NYSE: SQ) shares traded higher by 23% on Friday after the company exceeded expectations with its fourth-quarter earnings report. On Thursday afternoon, Block reported fourth-quarter adjusted EPS of $1.71, beating consensus analyst estimates of $1.66. Fourth-quarter revenue was $4.1...
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Block Stock Slides Through Key Support, But Here's Why A Bounce Looks Imminent
Friday, February 18, 2022 - 6:03pm | 678Read More...Block Inc (NYSE: SQ) was sliding more than 6% lower on Friday after breaking through an important psychological support zone at the $100 level. The financial services and digital payments company has been severely beaten down since reaching an all-time high of $289.23 on Aug. 5, 2020,...
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'We Understand Street Frustration': 3 Affirm Analysts React To Noisy Q2 Earnings Report
Friday, February 11, 2022 - 5:13pm | 437Read More...Shares of Affirm Holdings Inc (NASDAQ: AFRM) tumbled another 20% on Friday after a big Thursday sell-off as the company's revenue guidance disappointed the market. On Thursday, Affirm reported a fiscal second-quarter EPS loss of 57 cents, a larger loss that the 32 cents per share analysts had...
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Here's Why BofA Believes Block Is Undervalued
Friday, February 11, 2022 - 11:54am | 314Read More...Following the massive sell-off in Block Inc.’s (NYSE: SQ) shares, the stock reflects the company's Cash App value at merely about $6.5 billion, or around $93 per annual active user, versus PayPal Holdings Inc.’s (NASDAQ: PYPL) $326 and Affirm Holdings Inc.’s (NASDAQ: AFRM...
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5 Best Digital Payments Stocks To Buy Right Now
Tuesday, February 8, 2022 - 3:42pm | 792Read More...The digital payments market is one of the largest and fastest-growing businesses within the finance and tech sectors. Adoption of digital payments over traditional cash and credit cards accelerated during the pandemic in 2020 and 2021. The adoption of digital payments has also coincided with the...
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What Is Coinbase Doing That Caused BofA To Upgrade The Stock?
Thursday, January 6, 2022 - 12:04pm | 230Read More...There are increasing signs of Coinbase Global Inc (NASDAQ: COIN) diversifying its revenues beyond retail cryptocurrency trading, a trend that could accelerate in 2022 and beyond, according to BofA Securities. The Coinbase Global Analyst: Jason Kupferberg upgraded the rating for Coinbase Global from...
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BofA Upgrades Square After Selloff
Tuesday, November 30, 2021 - 12:59pm | 217Read More...Square Inc’s (NYSE: SQ) share are trading around 25% below August highs and are down around 15% since the company reported earnings on Nov. 4. The stock now adequately prices in potential deceleration in Cash App gross profit growth, according to BofA Securities. The Square Analyst: Jason...
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BofA On PayPal's Potential Pinterest Buyout
Thursday, October 21, 2021 - 3:43pm | 377Read More...Several media reports suggest PayPal Holdings Inc (NASDAQ: PYPL) may acquire Pinterest Inc (NYSE: PINS) for $70 per share, valuing the company at around $48 billion. While Pinterest can boost PayPal’s "Super-App" strategy, the acquisition entails risk, according to BofA Securities....
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Why This PayPal Analyst Is Bullish On $2.7B Buyout Of Japan's Paidy
Thursday, September 9, 2021 - 4:20pm | 426Read More...On Tuesday, digital payment giant Paypal Holdings Inc (NASDAQ: PYPL) announced a $2.7-billion buyout of Japanese buy now, pay later platform Paidy. PayPal made the right move by pulling the trigger on Paidy, Bank of America analyst Jason Kupferberg said Thursday. PayPal's Expanding...
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Should You Buy The Dip In PayPal?
Monday, August 30, 2021 - 11:51am | 425Read More...Paypal Holdings Inc (NASDAQ: PYPL) shares dropped roughly 10% following the company's second-quarter earnings, but Bank of America analyst Jason Kupferberg says investors shouldn’t hesitate to buy the dip in the digital payment giant. New Venmo Features: Kupferberg said PayPal has...
















