10 Stocks on Jim Cramer’s Radar

2. PayPal Holdings, Inc. (NASDAQ:PYPL)

Number of Hedge Fund Holders: 90

A caller mentioned that some do not respect PayPal Holdings, Inc. (NASDAQ:PYPL) and Cramer replied:

“Look, I tell you, this person does have respect for PayPal. They have a meeting in February that is gonna blow your socks off. I have to tell you that I think that this guy, Alex Chriss is the real deal. It’s at $89. Buy some now and if it does happen to come down before February, buy more then. I have total respect for PayPal and total respect for Alex. It’s a good stock and a good company.”

PayPal (NASDAQ:PYPL) is a digital payment platform that facilitates transactions for both consumers and businesses. Since the episode was aired, PYPL stock went down over 14%.

Longleaf Partners Fund stated the following regarding PayPal Holdings, Inc. (NASDAQ:PYPL) in its Q4 2024 investor letter:

“PayPal Holdings, Inc. (NASDAQ:PYPL) – Digital payments platform PayPal was a contributor for the quarter and the year. The company delivered strong results, with gross margin dollars continuing to grow in the mid-high single digits for the last few quarters. Effective cost management further contributed to double-digit FCF growth, a key metric in our analysis. PayPal also demonstrated its commitment to enhancing shareholder value by repurchasing shares at a 10% annualized basis in the most recent quarter, leading to even stronger FCF per share growth. Much of what we envisioned at our initial investment has materialized quicker than anticipated. This strong performance has been driven by the improved leadership of relatively new CEO Alex Chriss.”