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Jim Cramer Says Forget PayPal And Block, These 2 Payment Processors Are Better Investments

Published 15/08/2023, 13:01
© Reuters.  Jim Cramer Says Forget PayPal And Block, These 2 Payment Processors Are Better Investments
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Benzinga - by Priya Nigam, Benzinga Staff Writer. On CNBC’s "Mad Money Lightning Round," Jim Cramer said he doesn’t want to own PayPal Holdings, Inc. (NASDAQ: PYPL) and prefers the stocks of Mastercard Incorporated (NYSE: MA) and Visa Inc. (NYSE: V) over Block, Inc. (NYSE: SQ) and PayPal.”

Cramer said he doesn’t know well about ModivCare Inc. (NASDAQ: MODV).

When asked about Plug Power Inc. (NASDAQ: PLUG), he said, "I think the only way you’d be able to plug in is if you think someone’s going to engineer a short squeeze here, and I’ve got to tell you, that is not a good reason to own a stock. Those numbers were terrible, I say stay away."

The "Mad Money" host said 3M Company (NYSE: MMM) has "got some real issues here when it comes to problems with the combat arms trial. When that’s finished, maybe we can re-look at it and see if they’re doing the right thing."

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On Holding AG (NYSE: ONON) is reporting earnings on Tuesday, and Cramer believes it could be good, but the stock fell last time despite reporting good numbers. However, Cramer said he likes the stock very much.

Now Read This: Home Depot, Agilent Technologies And 3 Stocks To Watch Heading Into Tuesday

Photo: Shutterstock

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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