Jim Cramer Talked About These 12 Stocks Recently

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

Number of Hedge Fund Holders: 94

PayPal Holdings, Inc. (NASDAQ:PYPL) operates an online payment platform that enables transactions for individuals and businesses alike. A caller asked if the company was on the way to recovery and here’s what Cramer had to say:

“Very important. First, that quarter was not what I thought it would [be] and certainly was not up to snuff given how much the stock ran. But second, more important, they’ve got an analyst meeting and they’re gonna straight, they’re gonna give you a five-year plan. When I have a company that, that has a five-year plan, I can measure it.

I don’t care about a quarter plan, that means nothing to me. I think the new CEO runs PayPal as a transparent open guy, he’s doing a good job. Let’s see what the five-year says and then we’ll make a decision. I’ve talked to Jeff Marks about that maybe PayPal should be the FinTech we own.”