PayPal (PYPL) Having A Good CEO Hasn’t Meant Much, Says Jim Cramer

We recently published 9 Stocks Jim Cramer Talked About in a Show Where He Advised OpenAI to Slow Down. PayPal Holdings, Inc. (NASDAQ:PYPL) is one of the stocks Jim Cramer discussed on the show.

PayPal Holdings, Inc. (NASDAQ:PYPL)’s shares have lost 24% year-to-date. The latest dip in the stock came at October’s close after the firm reported earnings for its second fiscal quarter. While PayPal Holdings, Inc. (NASDAQ:PYPL)’s revenue of $8.29 billion and earnings per share of $1.40 beat analyst estimates of $8.08 billion and $1.30, media reports suggested that weak transaction margin dollars led to the shares dipping by 8%. For PayPal Holdings, Inc. (NASDAQ:PYPL), the transaction margin dollars represent the money it makes with each transaction after it has deducted the associated costs. When asked about the firm’s earnings in August, Cramer recommended other stocks, and in his recent remarks, he stressed that PayPal Holdings, Inc. (NASDAQ:PYPL)’s CEO had to deliver the numbers. His remarks during this appearance focused on the CEO as well:

“[On year-to-date performance and stock not coming around despite hopes] No and they got good CEO and it hasn’t meant that much.”

PayPal (PYPL) Having A Good CEO Hasn't Meant Much, Says Jim Cramer

Here is what Cramer said about PayPal Holdings, Inc. (NASDAQ:PYPL) and its CEO on October 22nd:

“No, no, no, no, no, no. He has gotta start delivering numbers. I mean like I can’t, hey… the guy’s gotta start delivering numbers. That is often the case. It’s kind of like, you know, an NFL team. If they’re not delivering numbers, I’m not going to come here and say, boy, how about them Titans?”

While we acknowledge the risk and potential of PYPL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than PYPL and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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