$PYPL’s valuation looks kind of wild at these levels. With a forward PE near 7, It's priced like a company in decline, but the numbers don’t really back that up. Financials are still solid, growth is in double digits, and margins look healthy which gives a pretty solid margin of safety. What’s strange is seeing it trade around the same levels as $VZ, while fintech names like $SOFI get massive premiums mostly off hype and marketing. Even compared to $ADBE, $PYPL trades at roughly half the forward PE. Around the mid $50s, this feels less like risk and more like a value disconnect.