PayPal Holdings, Inc. (PYPL - Free Report) has appointed Allison Johnson as the new chief marketing officer (CMO) and executive vice president. Notably, the company revived the role after six years.
Allison will report to PayPal’s chief executive officer, Dan Schulman and will manage the marketing affairs of the business from the company’s San Jose headquarters.
Allison initially worked with Apple (AAPL - Free Report) for over six years as the president of worldwide marketing communications. Prior to being appointed by PayPal, she served as the founder and managing partner of West. Before joining Apple, Johnson worked as senior vice president of global brand marketing at HP.
Given her vast knowhow and expertise, we believe she will help the company to scale new heights.
Growth Prospects
PayPal is firing on all cylinders to expand its presence in the digital payment solutions space. The safety and simplicity of transactions on the platform differentiate it from its competitors.
Venmo continues to bolster PayPal’s stake in mobile payments. This application enables the transfer of money between family and friends via mobile devices. Notably, in third-quarter 2018, the app processed $17 billion of payments, up 78% year over year.
The company continues to provide sellers and customers with a better payment experience. This is expected to drive PayPal’s top line in the near term.
Recently, the company’s money transfer service, Xoom, expanded operations to Canada. Local customers can now send money, make bill payments or reload their phones in more than 130 countries internationally at a better rate.
Further, the company also announced the acquisition of a payout platform, Hyperwallet. Notably, the deal will likely give PayPal access to more than 200 markets, further enhancing its payment distribution capabilities.
PayPal will report its fourth-quarter fiscal 2018 earnings on Jan 30, after market close.
PayPal Holdings, Inc. Price and Consensus
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It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
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Free: See Our Top Stock and 4 Runners Up >>
PayPal Holdings, Inc. (PYPL - Free Report) has appointed Allison Johnson as the new chief marketing officer (CMO) and executive vice president. Notably, the company revived the role after six years.
Allison will report to PayPal’s chief executive officer, Dan Schulman and will manage the marketing affairs of the business from the company’s San Jose headquarters.
Allison initially worked with Apple (AAPL - Free Report) for over six years as the president of worldwide marketing communications. Prior to being appointed by PayPal, she served as the founder and managing partner of West. Before joining Apple, Johnson worked as senior vice president of global brand marketing at HP.
Given her vast knowhow and expertise, we believe she will help the company to scale new heights.
Growth Prospects
PayPal is firing on all cylinders to expand its presence in the digital payment solutions space. The safety and simplicity of transactions on the platform differentiate it from its competitors.
Venmo continues to bolster PayPal’s stake in mobile payments. This application enables the transfer of money between family and friends via mobile devices. Notably, in third-quarter 2018, the app processed $17 billion of payments, up 78% year over year.
The company continues to provide sellers and customers with a better payment experience. This is expected to drive PayPal’s top line in the near term.
Recently, the company’s money transfer service, Xoom, expanded operations to Canada. Local customers can now send money, make bill payments or reload their phones in more than 130 countries internationally at a better rate.
Further, the company also announced the acquisition of a payout platform, Hyperwallet. Notably, the deal will likely give PayPal access to more than 200 markets, further enhancing its payment distribution capabilities.
PayPal will report its fourth-quarter fiscal 2018 earnings on Jan 30, after market close.
PayPal Holdings, Inc. Price and Consensus
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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