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Motley Fool Money

PayPal Turns Around (Slowly)

Apr 30, 2024
32:01
Snipd AI
Financial expert Matt Frankel discusses PayPal's turnaround under new CEO Alex Chriss, highlighting earnings growth. They also touch on a specialty insurance company's potential buying opportunity. Tips on meeting a financial advisor and key questions to ask are shared.
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Podcast summary created with Snipd AI

Quick takeaways

  • Under new CEO, PayPal focuses on profitability and efficiency, targeting small and medium-sized businesses for growth.
  • Specialty insurer Kinsale's slowdown in premium growth presents a potential buying opportunity for investors.

Deep dives

PayPal's New CEO's Impact on Company Efficiency and Strategy

Under new CEO Alex Chris, PayPal has seen significant efficiency improvements with a revenue growth of 9% and earnings per share growth of 27% year over year. Chris's focus on profitability and a more streamlined management team has marked a departure from the past strategy of endless user base expansion. He aims to target small and medium-sized businesses for growth, emphasizing strategic clarity over disjointed acquisitions.

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