PayPal (PYPL) Slid after a Strong 2024
From Yahoo Finance: 2025-05-26 09:54:00
Sound Shore Management, an investment firm, released its Q1 2025 investor letter. SSHFX and SSHVX declined 1.93% and 1.89% respectively, outperforming the S&P 500 but trailing the Russell Value. PayPal Holdings, Inc. was highlighted in the letter with a one-month return of 6.90% and a market cap of $67.931 billion.
In the same letter, Sound Shore mentioned concerns about a slowing economy affecting PayPal and Disney. Despite economic worries, PayPal has a new management team driving improved profitability. PayPal was added to the portfolio in Q3 2024 and remains a full position. With a focus on product and pricing improvements, PayPal aims to boost margins.
PayPal Holdings, Inc. (PYPL) is not among the 30 most popular stocks among hedge funds, but 92 hedge fund portfolios held it at the end of Q1 2025. While PayPal has potential, AI stocks are seen as offering greater returns in a shorter timeframe. Investors looking for promising AI stocks can explore options trading at less than 5 times earnings.
Read more: PayPal (PYPL) Slid after a Strong 2024