|Bid||87.47 x 2200|
|Ask||87.48 x 2200|
|Day's Range||87.16 - 88.59|
|52 Week Range||57.58 - 89.19|
|PE Ratio (TTM)||55.64|
|Earnings Date||Jul 25, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||90.85|
It's been a good year to be in payment stocks: Mastercard (MA) and Visa (V) are up 36% and 23%, respectively, since the start of the year, while PayPal Holdings (PYPL) has climbed nearly 20%, and Square's (SQ) gain is in the triple digits. Let the good times keep rolling, says Morgan Stanley's James Faucette.
Investors panicked over rising rates. Consensus was that bank stocks cant rally! However for the last few days, some of them have caught a nice bid. The upside of falling bank stocks is that it created a strong value in almost all major financial institutions.
Morgan Stanley upgraded is view of the payments industry to attractive Thursday in anticipation of a rotation into defensive sectors. Analyst James Faucette said investors are underestimating the resiliency ...
On July 11, Facebook (FB) stock generated a return of 30.4% in the trailing-12-month period, compared to 5.7% in the trailing-one-month period. However, it gained 5.1% in the trailing-five-day period.
Missed the chance to get into fintech stocks? Now may be a good time to kick the tires based on their more compelling valuations.
If you're a shareholder in Arconic or Bank of America, you started your week feeling pretty good. If you're a Papa John's investor...perhaps not.
U.S. stock index futures pointed to a negative open on Thursday, as investors tracked further earnings results and monitored political events. At around 8 a.m. ET, Dow Jones Industrial Average futures fell 85 points, indicating a decline of 102.29 points at the open. Nasdaq 100 and S&P 500 futures also pointed to a downbeat start to their respective trading sessions.
Paypal (NASDAQ:PYPL) has done well this quarter, with PYPL stock up 19% since it last reported its earnings on Apr. 25. PayPal split from eBay (NASDAQ:EBAY) in 2015. In January, eBay announced that it would be ending its relationship with PayPal, with Adyen, an Amsterdam-based payments startup, becoming its primary payment provider in 2020.
If you're a startup in New York City, don't expect to get on Greycroft's radar so easily. The Manhattan-based venture capital firm, which just raised $250 million for its fifth fund, has been targeting early stage companies outside of typical startup hubs. “Recently, our most successful investments weren’t in New York or Los Angeles, they were in Alabama and Chicago.
Sifting through an inbox stuffed with studies and data after a week of vacation: Artificial intelligence's value. AI continues to spark debate about its impact on American jobs and human interaction, but its value to corporate America is growing in lead generation, operational efficiency, customer engagement, and risk management. GlobalData's Disruptor Database culled data the last few months that illustrate significant business implications for tech and non-tech companies.