|Bid||91.75 x 300|
|Ask||91.76 x 1500|
|Day's Range||91.48 - 92.06|
|52 Week Range||63.38 - 94.51|
|PE Ratio (TTM)||14.13|
|Dividend & Yield||2.00 (2.16%)|
|1y Target Est||N/A|
Keith Bliss of Cuttone and Company joins Yahoo Finance's Alexis Christoforous from the floor of the New York Stock Exchange to discuss current tech earnings, including Facebook, and what the market needs to see the current rally go higher.
Up more than 40% for the year headed into Wednesday afternoon’s earnings report, there’s no denying investors are, or at least were, bullish on Paypal Holdings Inc (NASDAQ:PYPL). On the flipside, up near 50% since the end of December, it’s also tough not to see PYPL stock as vulnerable to a wave of profit-taking. In fact, SunTrust Robinson Humphrey, recently downgraded PayPal for no other reason that its rich valuation (trading at a trailing price-earnings ratio of 50, and a forward-looking P/E of 27.5).
The Federal Reserve announced it will start to wind down its $4.5 trillion balance sheet "relatively soon," but not today.