Syeda Seirut Javed
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We recently published a list of Jim Cramer’s Thoughts on These 12 Stocks. In this article, we are going to take a look at where PayPal Holdings, Inc. (NASDAQ:PYPL) stands against other stocks that Jim Cramer discusses.
When a caller asked Cramer about PayPal Holdings, Inc. (NASDAQ:PYPL) during Mad Money’s lightning round, he replied:
“Alright, listen to me, listen to me, sunshine. Alex Chriss is really coming, he did not deliver in a couple of quarters. I now think he is ready to roll. I like the stock of PayPal. It is a crowded space, admittedly, crowded space, and you know, there’s a lot of companies that are trying to do the, somewhat of the same thing, including Affirm. But I will tell you that I think Alex Chriss, he’d be the man, and he will get you where you have to go.”
A consumer in a cafe paying for goods using a mobile payment app.
PayPal Holdings, Inc. (NASDAQ:PYPL) offers a digital payments platform that connects consumers and merchants, enabling transactions across various channels using multiple funding sources, including cards, bank accounts, and cryptocurrencies. During the April 17 episode of Squawk on the Street, Cramer mentioned the company along with a couple of others, and here is what he had to say:
“People should know that it’s PayPal, Stripe, Square, all against them. And I think that these guys could be very powerful versus those. PayPal, if you remember, it’s kind of dropping back a little. Square’s had a little bit of problems. Stripe is on fire. Maybe this is against Stripe.”
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Disclosure: None. This article is originally published at Insider Monkey.
