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Published on 17 Jan 2022 on Insider Monkey via Yahoo Finance

Is it Still Safe to Invest in PayPal (PYPL)?


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Fundsmith LLP, an investment management firm, published its "Fundsmith Equity Fund" fourth-quarter 2021 investor letter – a copy of which can be downloaded here. The T Class Accumulation shares, the most commonly held share class, rose by +22.1% in 2021 and compares with a rise of +22.9% for the MSCI World Index in sterling with dividends reinvested. The Fund marginally underperformed this comparator in 2021 but is still the best performer since its inception in November 2010 in the Investment Association Global sector with a return 357 percentage points above the sector average which has delivered just +213.9% over the same timeframe. Spare some time to check the fund’s top 5 holdings to have a clue about their top bets for 2022.

Fundsmith Equity Fund, in its Q4 2021 investor letter, mentioned PayPal Holdings, Inc. (NASDAQ: PYPL) and discussed its stance on the firm. PayPal Holdings, Inc. is a San Jose, California-based financial technology company with a $212.6 billion market capitalization. PYPL delivered a -4.01% return since the beginning of the year, while its 12-month returns are down by -25.22%. The stock closed at $181.01 per share on January 13, 2022.

Here is what Fundsmith Equity Fund has to say about PayPal Holdings, Inc. in its Q4 2021 investor letter:

NASDAQ.PYPL price evolution

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