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Motley Fool Hidden Gems Investing

PayPal Looks Beyond Payments

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.33.1K Ratings

🗓️ 29 October 2024

⏱️ 32 minutes

🧾️ Download transcript

Summary

It’s not just a payments company. (00:34) Jason Moser and Ricky Mulvey discuss: - PayPal’s move to become a commerce platform, and how it’s impacting the business. - What’s next for Venmo. - McDonald’s traffic problems. Then, (16:35) Robert Brokamp and Motley Fool Senior Analyst Buck Hartzell finish their series on Berkshire Hathaway, and discuss some lesser-known names trying to follow Berkshire’s path. Visit our sponsor at www.landroverusa.com Companies discussed: PYPL, MCD, BRK.A, BRK.B, MRK, OTC: CNSWF Host: Ricky Mulvey Guests: Jason Moser, Robert Brokamp, Buck Hartzell Producer: Mary Long Engineer: Rick Engdahl Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

One quarter pounder, no onions please. You're listening to Motley Full Money.

0:09.0

I'm Ricky Mulvey joined today by award-winning podcaster Jason

0:16.0

Moses. How you doing man? God I feel a lot better the way you announce that

0:19.8

right there. Award-winning podcaster I mean mean that's, and that's obviously a team effort, but holy cow, that sounds good.

0:27.0

Talk about it a little later. You know what we want to talk about up front? The reason you're an award-winning podcasters, you get straight to the facts,

0:33.2

Jason, and we got PayPal earnings to talk about. Alex Chris wrapping up his first

0:38.2

year on the job, his fourth quarterly earnings call for those doing fractions in math at home.

0:43.4

We can get the immediate reaction to the quarter which was a little bit negative,

0:46.2

but we're long-term investors here, we're long-term focused.

0:49.4

What has been your long-term reaction to Mr. Chris's first year on the job heading up

0:54.4

PayPal. Yeah I think that negative reaction today and it seems to be muted but

1:00.1

I mean that that's just day-to-day stuff so I don't worry too much about that but I mean

1:05.8

generally speaking all and all very positive I think I mean clearly the stock has

1:09.6

done very well it's up around 56% over the last 12 months. It's had a good year thus far.

1:15.2

You know, the way we are with the companies that we follow, we're focused less on the

1:21.2

stock price and more on the business.

1:24.2

And I think in regard to PayPal's business,

1:25.9

you look at it, the business fundamentals

1:28.2

are all very strong, all of the key performance indicators,

1:31.8

right, those KPI's, they all continue to trend in the right direction.

1:36.6

And so when we see that, you can kind of issue the quarter-to-quarter movements, the daily stock price movements, you know the business

1:44.8

is doing the right stuff and it seems like in this case PayPal is doing just that.

...

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