Indeed, most individual stocks are not stock-picking experts, but they can surely get better at mastering the art of choosing stocks. Generally, there are two widely-known approaches related to the stock selection and analysis process, which include the bottom-up approach and the top-down approach. The bottom-up approach involves studying thoroughly a certain company’s products and services, its balance sheet, financial performance, among other things. Those investors preferring the bottom-up stock selection approach over the top-down approach could also look at what hedge funds’ have to say about the companies under review. Making successful investment decisions based on the bottom-up investing approach involves making an in-depth review of each company, and the smart money industry can help investors throughout this process. For that reason, the following article will discuss how the hedge funds tracked by Insider Monkey were feeling about Paypal Holdings Inc. (NASDAQ:PYPL) in the fourth quarter of 2015, as well as discuss some recent developments at the company.
Paypal Holdings Inc. (NASDAQ:PYPL) was in 84 hedge funds’ portfolios at the end of the fourth quarter of 2015. PYPL shareholders have witnessed a slight decrease in hedge fund sentiment lately. There were 87 hedge funds in our database with PYPL holdings at the end of the previous quarter. At the end of this article we will also compare PYPL to other stocks, including Carnival Corporation (NYSE:CCL), Phillips 66 (NYSE:PSX), and General Dynamics Corporation (NYSE:GD) to get a better sense of its popularity.
In the financial world there are plenty of formulas shareholders put to use to analyze their holdings. A duo of the most innovative formulas are hedge fund and insider trading signals. Our researchers have shown that, historically, those who follow the best picks of the best investment managers can outperform the market by a superb amount (see the details here).
The technology platform company that enables digital and mobile payments became an independent publicly-traded company in July 2015 through a pro rata distribution by eBay Inc. (NASDAQ:EBAY) of all the outstanding common stock of PayPal. Paypal Holdings Inc. (NASDAQ:PYPL)’s shares have advanced 6% since the completion of the highly-scrutinized and much-applauded separation, implying that the company has been doing great as a standalone entity.
Keeping this in mind, we’re going to go over the fresh action encompassing Paypal Holdings Inc. (NASDAQ:PYPL) and some recent developments that happened around the company.