Spun off from eBay in July 2015, PayPal is a technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide. It accepts payments from merchant websites, mobile devices and applications, and at offline retail locations through its PayPal, PayPal Credit, Venmo, and Braintree products. PayPal processes transactions in more than 200 markets and in more than 100 currencies. also allows customers to withdraw funds from bank accounts in 56 currencies and hold balances in PayPal accounts in 25 currencies.

The major indices are mixed at midday. The 10-year Treasury note is up 5 bps at 4.32%. Oil is up at $68 after a big drop yesterday. Job openings came in at a 3.5-year low, but there were fewer layoffs. It's a full week of employment data with the October Jobs report out on Friday. The Fed will look carefully at the state of the labor market when deciding on rates next week.

PayPal was spun off from eBay in 2015 and provides electronic payment solutions to merchants and consumers, with a focus on online transactions. The company had 426 million active accounts at the end of 2023. The company also owns Venmo, a person-to-person payment platform.

This pick list highlights constituents of the Morningstar US Large Cap Index that we believe offer investors the best risk-adjusted return prospects. Stocks of large-cap companies where neither growth nor value characteristics predominate. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap.