Cramer Says PayPal Could Reach $50, The Edge Says Different

Cramer Says PayPal Could Reach $50, The Edge Says Different By Rebecca Borison, Reporter at TheStreet: PayPal has finally severed its ties with eBay (EBAY), and is now trading as an independent company on the NASDAQ. Each eBay shareholder received one share of PayPal common stock per eBay share. Shares are now trading around $40, above the “when-issued” price of $38 a share. When-issued trading began on July 6, valuing PayPal at around $47 billion. At current prices, PayPal is valued at $50.5 billion. “I think Paypal could easily trade to $50 based on the 2016 earnings estimates I saw today,” said...

Next Potential M&A and Activist Targets, Cash-Rich Tech Companies, Apple, Google, Yahoo! Alibaba Spinoff

Next Potential M&A and Activist Targets, Cash-Rich Tech Companies, Apple, Google, Yahoo! Alibaba Spinoff Since the days of Y2K, a new study of US Spinoffs by global advisors, The Edge Consulting Group and Deloitte, reveals that the US Technology sector has seen ex-parent companies perform significantly better than the Spinoff companies they have spun-off and separately listed on the market to investors. Technology stocks have been in the limelight for the last year and have been drawing a lot of attention from shareholders. Even witnessing more corporate activism that has resulted in Spinoffs of big technology companies. Amongst the announced Tech Spinoffs above,...