This company was spun-off from eBay last year and many on Wall Street think the real growth is in the payment sector. PayPal Holdings Inc. (NASDAQ: PYPL) operates as a technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide.
PayPal enables businesses of various sizes to accept payments from merchant websites, mobile devices and applications, as well as at offline retail locations through a range of payment solutions across company’s payments platform, including PayPal, PayPal Credit, Venmo and Braintree products. Its platform allows customers to pay and get paid, withdraw funds to their bank accounts and hold balances in their PayPal accounts in various currencies.
The company recently completed a deal with Visa that could help PayPal by making it an option when people pay in stores with their smartphones. But some analysts worry the tie-up gives Visa the better economics of the deal. While the agreement gives PayPal access to Visa’s digital network in exchange for promoting its cards, Jefferies feels the stock could stay range-bound for a while.
The $48 Jefferies price target compares with the consensus price target posted at $43.94. The stock closed most recently at $37.42.
The Jefferies analysts feel this company could restore investor confidence with just an inline earnings report. Stericycle Inc. (NASDAQ: SRCL) collects and processes regulated and specialized waste for disposal services, as well as collects personal and confidential information for secure destruction. It offers regulated solutions for medical waste disposal, pharmaceutical waste disposal and hazardous waste management; sustainability solutions for expired or unused inventory; and secures information destruction of documents and e-media.
The company’s compliance solutions comprise Steri-Safe and clinical services programs for training and consulting; inbound/outbound communications; data reporting; and other regulatory compliance services.
The company also provides reusable sharps disposal management services, an integrated waste stream solutions program and regulated recall and returns management services for expired or recalled products. The company serves health care businesses, including hospitals, physician and dental practices, outpatient clinics and long-term care facilities, as well as retailers and manufacturers, financial and professional service providers, governmental entities and other businesses.
The Jefferies price target is posted at $140, but the consensus target is much lower at $116.50. The shares closed last Friday at $107.25.
These four very good ideas have all either been beaten up lately or have traded way below highs printed in the past couple of years. All make sense for more aggressive accounts looking for upside.