PayPal Turns Around (Slowly)

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.3 • 3.1K Ratings

🗓️ 30 April 2024

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

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Summary

Alex Chriss is still early in his tenure as the CEO of PayPal, but the company’s turnaround is already showing green shoots. (00:21) PayPal’s earnings and why a drop at a specialty insurance company could be a buying opportunity for investors. (16:57) What to do before you meet a financial advisor, and some questions to ask in an initial meeting. Companies discussed: PYPL, INTU, ZM, KNSL Host: Ricky Muvley Guests: Matt Frankel, Alison Southwick, Robert Brokamp Producer: Mary Long Engineer: Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Everybody loves a comeback story, except when it slows down. You're listening to Motley Full Money. full money. I'm Ricky. I'm Ricky Mowalvey joined today by Matt Frankel.
0:14.0	Thanks for being here. I'm Ricky Mulvey joined today by Matt Frankel.
0:23.5	Matt, thanks for being here.
0:25.1	Yeah, thanks for having me.
0:26.1	I'm excited to.
0:27.0	We're in like my favorite part of earning seasons right now.
0:29.7	Why is that?
0:31.0	It's all the companies that I follow like the two were about to discuss today but like this week it's I'm just you know it's crazy I'm gonna be
0:37.5	working until 10 p.m. every day this week there there you go yeah the reason the reason
0:41.7	why we've called you here. We got PayPal and
0:43.2	can sale, which are two companies you follow closely and maybe for a
0:46.5	listener one of them is a lot more known than the other. So let's start with
0:50.9	PayPal, which reported this morning.
0:54.0	This was the third call for the new CEO Alex Chris.
0:58.0	He's still kind of early in his tenure, but, you know,
1:00.0	do you think he's starting to deliver on that promise he made in the first call to make
1:05.3	PayPal a much more focused and profitable company?
1:09.2	The short answer is yes, but it's also important to know that Alex Chris isn't just the only new part of the team.
1:16.0	PayPal literally got rid of its entire C-suite.
1:20.0	Alex Chris started his tenure in September, and everyone else on the key leadership
1:24.6	team is newer than him. So I mean some started in January of this year some are
1:29.5	just being appointed now I think they just added someone, another keyboard member this past
	...

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