Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

PayPal has a Lot of Float

Long Ideas

PayPal Keeps Growing and Growing and Growing

That makes PayPal a growth stock that generates a lot of cash. My guess is that it will pay a nice dividend day, but until then it will generate a lot of cash and grow systematically. PayPal is on track to becoming a payment industry giant that might outstrip such historic rivals as American Express (NYSE: AXP) at some point.

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