Jim Cramer on Paypal: “I Didn’t Like the Quarter”

PayPal Holdings, Inc. (NASDAQ:PYPL) is one of the stocks Jim Cramer recently shed light on. A caller asked if they should buy, sell, or hold the stock. In response, Cramer said:

“No, I didn’t like the quarter. There’s so many other better ones out there. May I suggest, if you want lending, I would go with Capital One. I know it’s old-fashioned. I know you’ve seen the ads, but all I can tell you is the guy who runs that situation, Richard Fairbank, is a genius. He’s who we’re going with.”

Image by mohamed Hassan from Pixabay

PayPal Holdings, Inc. (NASDAQ:PYPL) provides a digital payments platform that connects merchants and consumers for transactions using multiple funding sources. When a caller inquired about the stock during a July episode, Cramer responded:

“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.”

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Disclosure: None. This article is originally published at Insider Monkey.