Abstract: Explain the reasons of buying US stock Paypal (PYPL) and sold Tesla (TSLA) and share my views.
Transaction detail
What I want to share with you today is the transaction I made on November 3. The details are as follows:
Bought stock
- Paypal Holdings Inc (US stock code: PYPL)
- Quantity: 3 shares
- Bought price: US$225.46
- Commission fee: US$0.35
Image source: https://seekingalpha.com/symbol/PYPL/chart
Sold stock
Image source: https://seekingalpha.com/symbol/TSLA/chart
Reasons for Selling Tesla
Tesla’s stock price has risen so much, and I am so happy as a shareholder. But as I said before, now that Tesla’s share price has risen so that it accounts for more than 8% of my portfolio. Because I don’t want a single holding to be too concentrated, I decided to reduce Tesla’s position by a small amount again. I am still optimistic about Tesla’s development in the long term. I hope that its business can continue to have new breakthroughs. The new Texas factory in the United States, the new Berlin factory in Germany, CyberTruck, the new Beta version of FSD, new battery model, etc., all make us as shareholders feel excited and I am really looking forward to it.
Reasons for buying Paypal
There is no new reason to increase my holdings of Paypal. First, I am optimistic about Paypal’s competitiveness and long-term development, and Paypal currently has the least proportion of my portfolio. Also, because Paypal’s stock price has hit low levels recently, I decided to increase the position again in a small amount. In fact, from another perspective, the recent decline of Paypal, Visa, MasterCard, etc. is actually a good thing for me, and it gives me the opportunity to take advantage of the low price to add my positions of them.
Comments and sharing
If you have any questions, please feel free to leave a message or comment below, I will reply you. Or if you find anything incorrect in the article, please let me know and learn from you. If you find it interesting or it may help you in any sense, please share with other people.
