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Cramer Weighs In On PayPal And Chinese Stocks

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Cramer Weighs In On PayPal And Chinese Stocks

On CNBC’s “Squawk on the Street,” Jim Cramer weighed in on PayPal (NASDAQ: PYPL) and Chinese stocks.

Cramer said to let PayPal settle, and then you’ll probably want to scoop some shares up. It has a better balance sheet than Bank of America (NYSE: BAC), according to Cramer.

“PayPal has had a better year than Bank of America," he said.

Cramer went on to discuss Chinese stocks amid developing news of Alibaba’s (NYSE: BABA) Ant Group IPO suspension by Shanghai and Hong Kong exchanges.

Cramer recommends JD.com (NASDAQ: JD), Baidu (NASDAQ: BIDU) and Alibaba on China strength.

 

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