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MarketFoolery

PayPal Goes Public

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 20 July 2015

⏱️ 14 minutes

🧾️ Download transcript

Summary

The team takes a look at PayPal’s public market debut and what the future holds for the payment company now that it’s been cut free from eBay. Plus they take a look at earnings from Halliburton and Hasbro, and try to figure out what happened to Etsy last week.

Transcript

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0:00.0

It's Monday, July 20th. Welcome to Mark Foolery. I'm Mark Wreath in joining me in studio today from

0:06.3

Million Dollar Portfolio, Jason Moser and from Stock Advisor Canada, Taylor

0:10.0

Markerman, gentlemen. Happy Monday. Howdydy you have a good weekend yeah

0:13.8

very good weekend yeah how about you not as good as a man behind the glass Dan Boyd

0:18.1

who saw two and a half baseball games all over in that stadium that's a packed weekend.

0:24.0

That's good stuff.

0:25.0

All right, we got plenty to talk about today including earnings from Hasbro and Halliburton.

0:28.6

But we begin with Paypal, which starts trading on the NASDAQ today under the ticker symbol

0:32.9

p y p l jesum we touched on this last week on thursday the focus of that conversation

0:39.1

that was more about ebay without paypal right let's talk about PayPal without eBay.

0:44.0

Just started trading today, it already has a bigger market cap than its parent company.

0:48.0

How do you think today is going to go for PayPal?

0:49.7

And more importantly, how are the next couple of days by which I mean years going to go for

0:53.5

pay now? Well yeah I mean we've talked about that spin-off in in

0:56.8

separating the two businesses and eBay has done a very good job in the you

1:01.8

know over the course of the last few years developing a very reputable

1:05.1

brand in that e-commerce space not not not as significant as Amazon to my mind

1:10.2

but but I think still eBay is a place where a lot of people go and they'll continue to do well.

1:15.4

I think the reason why PayPal is garnering probably more of the headlines here is because it's a more

1:22.0

attractive growth opportunity.

1:23.3

It's got a far bigger market opportunity, I think,

1:27.6

versus maybe what eBay has.

...

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