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Jim Cramer Likes Ebay as the Company Prepares to Split with Paypal

7h ago
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TheStreet’s Jim Cramer answers your Twitter questions from the floor of the New York Stock Exchange. Jim tackles a question on how to play the upcoming Ebay(EBAY) and Paypal split. Jim says you should own Ebay, and that Paypal will be in the same leagues as Visa(V) and Mastercard(MA), two of his absolute favorite stocks. Cramer says be careful of shares of Energy XXI(EXXI). He says the company’s balance sheet is hurt and they needed oil prices to go to $120. On Foot Locker(FL), Jim says it had an amazing quarter but to buy stock of Nike(NKE). Jim also says he sold Lululemon(LULU) at a substantially higher price than he bought it for Action Alerts and if the stock goes back to the 50s he’d buy the stock again. Jim was asked about the Rave Restaurant Group(RAVE), and is not interested. He says there are so many restaurant companies he does like but this is not one of them. His favorite restaurant stock pick is Jack In The Box(JACK) at $88 a share. Jim also says he looked at the pharmaceutical company Akorn (AKRX) but he is not a fan. Jim says to stick with the major pharmaceutical companies. Subscribe to TheStreetTV on YouTube: http://t.st/TheStreetTV For more content from TheStreet visit: http://thestreet.com Check out all our videos: http://youtube.com/user/TheStreetTV Follow TheStreet on Twitter: http://twitter.com/thestreet Like TheStreet on Facebook: http://facebook.com/TheStreet Follow TheStreet on LinkedIn: http://linkedin.com/company/theStreet Follow TheStreet on Google+: http://plus.google.com/+TheStreet