Jim Cramer Believes "PayPal Has a Great Business"

PayPal Holdings, Inc. (NASDAQ:PYPL) is one of the stocks Jim Cramer recently discussed. A caller asked for Cramer’s advice on the stock, and he replied:

“Alright, this is really important. I think that the PayPal CEO is going to figure this out. This is Alex Chriss, he’s very good. I do think that PayPal has a great business… You know, it’s really top in buy now, pay later, which everybody’s so crazy about. But I do think that Alex has got to start delivering, and he didn’t deliver in that last quarter. I don’t want you to give up on PayPal, and that’s not out of hope. That’s out of Alex Chriss in the core business, which I think is still strong enough to turn around.”

PayPal Holdings, Inc. (NASDAQ:PYPL) provides a digital payments platform connecting merchants and consumers. The company enables transactions, fund transfers, and withdrawals through multiple payment methods, including bank accounts, cards, cryptocurrencies, and stored value products.

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