Jim Cramer on PayPal: "I Think It's Not Doing That Well"

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Jim Cramer expressed concerns about PayPal’s performance, noting it’s “not doing that well” and cautioning against recommending stocks based on takeover speculation. He highlighted PayPal’s commoditized classic payment offerings and its lag in adopting new technologies, despite its growing financials and a seemingly cheap valuation at 10 times this year’s earnings estimates. Cramer was “flabbergasted” by the stock’s poor performance under multiple CEOs over several years.

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