PayPal and two other tech stocks to buy amid sector breakout [CNBC]
PayPal Holdings, Inc. (PYPL)
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Source: CNBC
PayPal and two other tech stocks to buy amid sector breakout Software stocks are leading the tech sector, and broader market, in a strong start to 2019. The XSW S&P software and services ETF XLK tech ETF Ari Wald, head of technical analysis at Oppenheimer, says it makes sense to keep betting on the winners. "We're all about leadership as momentum investors," Wald said on CNBC's " Trading Nation Some of the segment's biggest names, including Adobe Salesforce.com PayPal Microsoft Two software stocks illustrate how the group as a whole should continue its breakout, says Wald. "First, the software company Salesforce made a higher low in December, while the rest of the market was selling off and fell to that extreme bottom," said Wald. "Now, as the market turns higher, you're starting to see Salesforce come out of the consolidation pattern it's been in." Salesforce has added 4.5 percent in the past three months as the S&P 500 tumbled 6 percent. The company is still 8 percent off its Octobe
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News
- Stripe Brings Back Crypto Payments on Platform With Stablecoins [BNN Bloomberg (Canada)]BNN Bloomberg
- Unlocking Q1 Potential of Paypal (PYPL): Exploring Wall Street Estimates for Key Metrics [Yahoo! Finance]Yahoo! Finance
- Airwallex expands payment acceptance solution to the US [Yahoo! Finance]Yahoo! Finance
- Stripe Unlocks Its All-or-Nothing Payment Processing Approach [BNN Bloomberg (Canada)]BNN Bloomberg
- Bitcoin Payments App Strike Launches for European Customers [Yahoo! Finance]Yahoo! Finance
PYPL
Earnings
- 2/7/24 - Beat
PYPL
Sec Filings
- 4/17/24 - Form PX14A6G
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- PYPL's page on the SEC website