|Bid||30.91 x 900|
|Ask||31.10 x 1400|
|Day's Range||30.45 - 31.02|
|52 Week Range||26.01 - 46.99|
|Beta (3Y Monthly)||1.18|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jan 29, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||36.05|
# eBay Inc ### NASDAQ/NGS:EBAY View full report here! ## Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low * Economic output in this company's sector is expanding ## Bearish sentiment Short interest | Positive Short interest is low for EBAY with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ## Money flow ETF/Index ownership | Negative ETF activity is negative and may be weakening. The net inflows of $3.47 billion over the last one-month into ETFs that hold EBAY are among the lowest of the last year and appear to be slowing. ## Economic sentiment PMI by IHS Markit | Positive According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. ## Credit worthiness Credit default swap | Neutral The current level displays a neutral indicator. EBAY credit default swap spreads are within the middle of their range for the last three years. Please send all inquiries related to the report to firstname.lastname@example.org. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Editor's Note: This article was previously published in November 2018. It has been updated to reflect changes in the market. I recently attended a meeting of startup founders who pitched their companies. Interestingly enough, many of them touted artificial intelligence. Yes, this technology has quickly become red hot. After all, the market opportunity is massive. Gartner estimates that spending will grow at an average compound annual rate of 18% to $383.5 billion by 2020. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Yet AI is not easy to develop. There needs to be access to huge amounts of data, so as to find patterns. What's more, AI requires top-notch data scientists. As should be no surprise, this kind of talent is in short supply nowadays. Because of all this, when it comes to finding artificial intelligence stocks, they are usually larger companies. * 10 Lithium Stocks to Buy Despite the Market's Irrationality OK then, which names are positioned to benefit? Well, let's take a look at five that stand out: Source: Shutterstock ### Alphabet (GOOG) Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) CEO Sundar Pichai refers to the company as "AI first." And this is certainly not hype. AI has become pervasive across the product line, such as with Gmail, YouTube, Maps, Photos, Google Cloud and so on. The company has also developed its own assistant, which connects with more than 5,000 devices in the home. Google has been creating industry standards for AI as well, primarily through its own language called TensorFlow. Just some of the companies that use it include Uber, eBay (NASDAQ:EBAY) and Coca-Cola (NYSE:KO). Something else: Google is a top player in autonomous vehicles. The company's Waymo unit could be worth as much as $175 billion, according to analysts at Morgan Stanley. Finally, the valuation of GOOG stock is at reasonable levels, with the forward price-to-earnings ratio is 23X, which is in-line with other mega tech operators like Microsoft (NASDAQ:MSFT). This puts it at the top of the heap among artificial intelligence stocks. Source: Nvidia ### Nvidia (NVDA) Nvidia (NASDAQ:NVDA) is the pioneer of GPUs (Graphics Processing Units), which are chips that process large amounts of data cost-effectively. The technology was initially focused on the gaming market. But NVDA realized that GPUs were also ideal for AI. To this end, the company has leveraged these systems into areas like datacenters and autonomous vehicles. No doubt, it has been a very good move. Consider that NVDA has been on a strong growth ramp. In the latest quarter, revenues soared by 21% to $3.18 billion and earnings per share increased by 48% to $1.97. It's true that the valuation of NVDA stock is far from cheap, with the forward price-to-earnings ratio at 36X. But then again, a premium is to be expected for a company that is a leader in a massive industry. * 7 Dark Horse Stocks You Really Need to Look at for 2019 For example, Evercore ISI analyst C.J. Muse recently boosted the price target on NVDA stock to $400, which implies 41% upside. In his report, he noted that the company's technology is "becoming the standard AI platform." Source: Shutterstock ### IBM (IBM) AI is nothing new for IBM (NYSE:IBM). The company has been developing this type of technology for many years. For example, back in 1985, it developed its AI computer called Deep Blue. It would actually beat chess world champion Garry Kasparov in 1996. Then in 2011, IBM created Watson to take on the best players on the quiz show Jeopardy!. The computer won. Now, IBM has definitely had its troubles. But the investments in AI and other cutting-edge technologies have been making a difference. Note that during the trailing 12 months, IBM's Strategic Imperatives -- which include cloud computing, security, analytics, Big Data and mobile -- generated $39 billion, or about 48% of total revenues. This has helped improve the growth rate of the overall business. IBM stock also has an attractive dividend, which is at 5%. This is one of the highest in the tech industry. Oh, and the valuation is reasonable as well. Consider that the forward price-to-earnings ratio is only 11X. Source: Shutterstock ### Yext (YEXT) AI has been good to Yext (NYSE:YEXT). The reason: the company is a top data provider, with integrations of over 150 services from operators like Google, Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Microsoft, Facebook (NASDAQ:FB) and Tencent (OTCMKTS:TCEHY). Yext has also added context and intent to all this, which allows for more accurate real-time searches. On the latest earnings call, CEO Howard Lerman noted: "Today the world is moving to smart databases. AI powered services that do the thinking for you." * 10 High-Growth Stocks for the Return of the Bull Growth has been strong. In the latest quarter, revenues shot up by 33% to $58.7 million. The company has also been getting much traction with enterprise customers. Note that the quarter saw nearly 80 new logos. Source: Simone.Brunozzi Via Flickr ### Baidu (BIDU) When it comes to the search business, Baidu (NASDAQ:BIDU) remains the king in China. Over the years, the company has transitioned to mobile, which has been critical. But BIDU has also invested heavily in becoming an artificial intelligence stock. This has helped with personalizing the search experience as well as improving the impact of online ads. But AI has done more than just bolster BIDU's own platform. The company has created several platforms for third parties. One is DuerOS, which has an installed base of 100 million devices and processes over 400 million queries a month. Then there is Apollo. It is an AI system for autonomous vehicles. Recently, BIDU used this with King Long Motors to launch the first fully self-driving L4 minibus. The AI efforts have been paying off. In the latest quarter, revenues jumped by 27% to $4.1 billion and the adjusted EBITDA came to $988 million -- or about 24% of total revenues. Yes, BIDU has a highly scalable business model. BIDU stock has taken a hit over the past year, down 32%. Keep in mind that Chinese stocks have been in the bear phase and that there are concerns about the U.S. trade tensions. But for investors looking for a play on AI in China, BIDU stock does look attractive at these levels. Tom Taulli is the author of High-Profit IPO Strategies, All About Commodities and All About Short Selling. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Companies Apple Should Consider Buying * 7 Beaten-Up Housing Stocks Due for a Bounce Back * Take Buffett's Advice: 5 Vanguard Funds to Buy Compare Brokers The post 5 Artificial Intelligence Stocks to Consider appeared first on InvestorPlace.
Why Square Is Up Over 5% TodaySquareToday, Square (SQ) stock is trading on a strong bullish note after largely mixed movements over the previous five sessions. The stock posted a high for the day of $69.38, up about 5.3% from Wednesday’s closing
Donahoe took a time out between CEO gigs, and brought a new man to oversee a tripling in the cloud company’s stock.
The StartX alumnus is looking for new space after its workforce more than doubled in the past year to 200 employees and is expected to hit between 300 and 400 in the next year.
# eBay Inc ### NASDAQ/NGS:EBAY View full report here! ## Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low * Economic output in this company's sector is expanding ## Bearish sentiment Short interest | Positive Short interest is extremely low for EBAY with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting EBAY. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $5.99 billion over the last one-month into ETFs that hold EBAY are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit | Positive According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. ## Credit worthiness Credit default swap | Neutral The current level displays a neutral indicator. EBAY credit default swap spreads are within the middle of their range for the last three years. Please send all inquiries related to the report to email@example.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Bill.com's new executive has extensive fintech experience. She landed a summer internship in 2000 at a promising startup: PayPal.
EBay Inc. is downsizing the online auction and shopping company's downtown Bellevue office space. The San Jose, California-based company confirmed on Wednesday it has decreased the size of its office at One Bellevue Center to 73,680 square feet from around 90,000 square feet. EBay was once rumored to be planning a massive expansion in Bellevue, but that doesn't appear to be the case.
The buzz was that 2019 would be one of the biggest years for IPOs, at least in terms of the amount of capital raised. The main reason: We are likely to see a variety of tech unicorns finally hit the markets. But unfortunately, there's a big problem. The partial shutdown of the federal government has meant that there is a skeleton staff at the SEC (Securities and Exchange Commission). This means there can be no IPOs. According to US law, the federal government must approve any offer of securities to the public. Yet hopefully the shutdown will not last long and that investors will soon get a chance to invest in a myriad of hot deals. Actually, the upcoming "PAUL" offerings - which include Pinterest, Airbnb, Uber and Lyft - will likely dominate the headlines. The amounts raised will certainly be enormous. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Growth Stocks With the Future Written All Over Them OK, since there are no public filings of the S-1s, the financial data is a bit fuzzy on the PAUL deals (note that some of the filings are confidential, such as from Uber and Lyft). Yet there is still lots of information available, such as from press releases and third-party analyses, to get a sense of these companies. Here's a look: ### ### Pinterest IPO The upcoming Pinterest IPO has not seen much attention. Yet this does not mean it will be a laggard. For the most part, Pinterest has been able to put together a solid business. Unlike a typical ecommerce platform like Amazon.com (NASDAQ:AMZN) or eBay (NASDAQ:EBAY), Pinterest has made buying highly engaging. The members of the site can pin their favorite items, creating compelling boards. In fact, there are 175 billion pins! Here are some other notable metrics: * There are 250 million MAUs (monthly active users). * 50% of the traffic is outside the U.S. and 80% comes from mobile phones. * 93% of active pinners use the service to plan for purchases. So yes, monetization has been strong. For 2018, revenues are estimated to have increased by 50% to $700 million. And as for the valuation of the Pinterest IPO, it is projected at about $12 billion. ### ### Airbnb IPO Source: Shutterstock Online marketplaces can be very powerful. This is even the case if the technology is not on the cutting-edge. Hey, just look at Craigslist, which continues to be a dominant player in online classified listings. The key is to get to critical mass, in which there emerge network effects. When this happens, an online marketplace can be extremely difficult to unseat. This appears to be the case with Airbnb. The company has more than 5 million listings across over 190 countries. The business is also highly lucrative. In the latest quarter, revenues grew by more than $1 billion. It also looks as if the company has been cash-flow positive for the past two years. * 8 Dividend Stocks With Growth on the Horizon Something else to consider: The Airbnb IPO may be unconventional - that is, Airbnb could issue shares directly to the public, avoiding the high fees of investment banks. If so, this means retail investors will have a chance to snag shares at the offering price. ### ### Uber IPO Source: Uber For many startups, the founders will often be overly optimistic about their forecasts. But this was not the case with Uber. If you take a look at the original investor deck, which was created ten years ago, the estimates turned out to be too conservative. Fast forward to today: The valuation of the upcoming IPO is at about $120 billion. Granted, when it comes to such estimates, they can be far from perfect. But it seems like a pretty good bet that the Uber IPO will be one of history's largest - perhaps with a capital raise of over $12 billion. To put things into perspective, Facebook (NASDAQ:FB) raised $16 billion in its own public offering in 2012 (note that Uber has already raised $20 billion in private equity and debt financings). What about the growth rate? Well, it has actually been decelerating, but the ramp is robust, especially in light of the scale. During the latest quarter, revenues rose by 38% to $2.95 billion. The company is also seeing traction with other business segments, such as Uber Eats and the freight unit. Even though the company has had plenty of drama over the years - such as with allegations of stealing intellectual property and spying on rivals - the company's new CEO, Dara Khosrowshahi, has been swift in making changes to the culture. He certainly knows how to run large organization, as he was formerly the CEO of Expedia (NASDAQ:EXPE). ### ### Lyft IPO Source: Shutterstock Lyft recently published its review for 2018. And yes, the company has been very busy. Here are just some of the highlights: * In September, Lyft logged its one billionth ride. The company averaged 50 million rides a month for the year. * The service is now available to 95% of the US population. * The company acquired Motivate, which has become the largest bikeshare operator in North America. * Lyft launched scooters in nine cities in the US. Yet despite all the success, Lyft is still far behind rival Uber. The company's share of the U.S. ride-hailing market is 28% while Uber's is 69%. Uber also has an extensive global footprint. But the Lyft IPO should still do just fine. Keep in mind that the company continues to grow at a rapid pace. In the third quarter, revenues spiked by 88% to $563 million. * Top 10 Global Stock Ideas for 2019 From RBC Capital As for the valuation of the upcoming Lyft IPO, it is estimated at $15.1 billion (which is based on the latest valuation). The company has also raised about $5.1 billion. Some of its marquee investors include Alibaba (NYSE:BABA), General Motors (NYSE:GM), Founders Fund and Tencent. Tom Taulli is the author of High-Profit IPO Strategies, All About Commodities and All About Short Selling. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. Compare Brokers The post Pinterest, Airbnb, Uber, Lyft: Big IPOs Are Coming Our Way appeared first on InvestorPlace.
What to Expect from Alphabet’s Q4 Results(Continued from Prior Part)Cloud business last cited at $1.0 billion per quarterAs Alphabet (GOOGL) gears up to report results for the fourth quarter of 2018, we note that a year ago the company gave us a
# eBay Inc ### NASDAQ/NGS:EBAY View full report here! ## Summary * Perception of the company's creditworthiness is neutral * Bearish sentiment is low * Economic output in this company's sector is expanding ## Bearish sentiment Short interest | Positive Short interest is extremely low for EBAY with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting EBAY. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $10.98 billion over the last one-month into ETFs that hold EBAY are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit | Positive According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. ## Credit worthiness Credit default swap | Neutral The current level displays a neutral indicator. EBAY credit default swap spreads are within the middle of their range for the last three years. Please send all inquiries related to the report to firstname.lastname@example.org. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Apple's typical employee probably makes far less than you think: $55,426 per year. For comparison, the median employee at social media giant Facebook makes more than $240,000 per year. Most likely, that median employee at Apple is not somebody writing code or designing iPhones out of a cubicle in Cupertino, but rather a worker at one of the company's retail stores.
Several well-known internet companies could get purchased in 2019 as buyers turn to companies with recently scaled-back valuations.
Key Questions as Facebook Gets Ready to Report Q4 Results (Continued from Prior Part) ## A $24 billion repurchase authorization As Facebook (FB) prepares to report its earnings for the fourth quarter of 2018, we note that the company last month boosted its share repurchase program by an additional $9.0 billion. The increase brings the company’s repurchase authorization since 2017 to $24 billion, considering that in April 2018 Facebook added $9.0 billion to its repurchase program, which already had a $6.0 billion authorization. Facebook had $3.5 billion remaining in its previous repurchase authorization at the end of September 2018, according to the company’s regulatory filing. Therefore, the latest addition means that Facebook now has $12.5 billion in its repurchase program. ## Companies have lined up fat repurchase programs Besides Facebook, other Internet companies that have lined up fat repurchase programs include Google parent Alphabet (GOOGL), Alibaba (BABA), and eBay (EBAY). In February last year, Alphabet announced an $8.6 billion repurchase program, and Alibaba is in the process of implementing its $6.0 billion two-year repurchase program. eBay had $4.7 billion remaining in its existing repurchase authorization at the end of September. JD.com (JD) recently announced a $1.0 billion repurchase program expiring in 2020. ## Repurchasing 86 million shares With $12.5 billion and the stock trading in the $145 range, Facebook could repurchase more than 86 million shares, or 3.0% of its outstanding shares. Since repurchases reduce the number of shares in circulation, they can lead to companies posting higher earnings per share without actually growing profits. Continue to Next Part Browse this series on Market Realist: * Part 1 - Did Facebook’s Revenue Continue to Grow in Q4? * Part 2 - Did Facebook’s Profitability Improve in Q4? * Part 3 - How Facebook’s Advertising Base Is Trending
The Latest News from Facebook: Can It Rise Over 20% in 2019? (Continued from Prior Part) ## One of the fastest-growing markets As much as the Vietnamese market presents challenges for Facebook (FB), it also presents an attractive growth opportunity. As the Wall Street Journal reported, some 60 million people in Vietnam—or more than 60% of the country’s population—use Facebook’s social network. Vietnam is also said to be one of Facebook’s fastest-growing markets. Vietnam is in Southeast Asia, a region in which the Internet economy is booming. According to a new research report by Google and Temasek Holdings, the Southeast Asian Internet economy will grow to $240 billion by 2025, up from $72 billion in 2018. In Vietnam alone, the Internet economy is on track to hit $33 billion by 2025, up from $9.0 billion in 2018. ## e-Commerce opportunity in Vietnam People in Vietnam use Facebook not only to connect with family and friends but also to sell items, exposing Facebook to the fast-growing e-commerce market in the country. The e-commerce market in Vietnam was valued at $0.4 billion in 2015 and is poised to grow to $15 billion by 2025. ## Monetizing the marketplace Facebook created a marketplace within its social network, allowing individuals and businesses to buy and sell items directly within its platform. It monetizes the marketplace through advertising, but there are other monetization options it could pursue. For example, e-commerce companies such as Amazon (AMZN) charge merchants a commission to be able to sell on their marketplaces. In addition, these e-commerce companies make loans to their marketplace sellers from which they earn interest revenue. Last year, eBay (EBAY) tapped Square (SQ) to extend small business loans to its sellers. PayPal (PYPL), which also runs a merchant lending business, is Facebook’s marketplace payment partner. Continue to Next Part Browse this series on Market Realist: * Part 1 - Did Facebook Break Vietnam’s Cybersecurity Law? * Part 3 - A Look at Facebook’s Efforts to Avoid Controversies * Part 4 - Initiative CEO Advises Clients to Boycott Facebook Advertising
Alibaba (BABA) unveils A100 business partnership program that offers companies with solutions to accelerate digital transformation.
Sites like Amazon and eBay have made it very compelling for consumers to buy online rather than in stores, in part because prices are very competitive and in many cases cheaper than what buyers might find in traditional retailers. The UK's tax authority has 'red-flagged' 4,600 online merchants, from a total of 7,000 investigations, in the last two years that have been evading sales taxes on goods sold in the UK on major marketplace sites like Amazon and eBay. Many of those online stores have been shut down and deleted as a result, while those now selling to UK buyers legitimately are giving the UK's tax coffers a £205 million ($255 million) boost.
It's been a wild roller-coaster ride for eBay (NASDAQ:EBAY) over the past two years. After reaching a high of $46.99 early last year, the eBay stock price is currently at January 2017 levels. Over the past 12 months, EBAY is down almost 25%, whereas S&P 500 is down about 7%. As Wall Street debates what is next for EBAY shares, I am of the cautiously optimistic bull camp. Here is why… InvestorPlace - Stock Market News, Stock Advice & Trading Tips * Morgan Stanley: 7 Risky Stocks to Sell Now ### eBay Still Is a Powerhouse In Q3 2018, the eBay platform had 177 million active users in 190 countries, up from 175 million in Q2. eBay's mobile shopping app is one of the most popular in the U.S. with an audience reach of over 30%. Its management is looking for ways to further capitalize on the strength of these user numbers to improve the balance sheet through two key drivers, i.e., advertising and payments. The company is fast growing its Promoted Listings (revenues paid for by sellers). It now represents a third of eBay's total advertising revenue. In 2020, the company will finish its back-end services provider agreement with PayPal (NASDAQ:PYPL) and replace it with the Dutch payments business Adyen (OTCMKTS:ADYYF). eBay aims to control the checkout process better and reach out to more sellers and buyers alike. It is also banking on Adyen providing a cheaper payments platform than PayPal and that most sellers will realize cost savings in the payments processing. ### Could eBay Sell Subsidiaries? Over the past two decades, the company has made more than 50 acquisitions. Now eBay operates via a plethora of U.S. and international subsidiaries. The company has a P/E ratio of 13, historically a low number. At the current valuation levels, several activist investors may be interested in the company, for example, to buy a large stake in it or to force it to sell some of its businesses like StubHub, its ticket marketplace. After all activist investors had showed an interest in eBay before. In 2015, it formally spun off PayPal. In 2017, it sold its Indian ecommerce company to Flipkart (Walmart (NYSE:WMT) later bought a majority stake in Flipkart). This year might witness more sales by eBay as it unloads a few of its holdings and put the cash to better use for revenue generation. Another sale could help propel the eBay's share price up fast. ### Shorter-term Technical Analysis After this year's selloff, eBay stock has suffered from a damaging technical picture. However, the past few weeks have seen the chart and the indicators start stabilizing. Any future weakness toward the mid-$20's level could represent a buying opportunity for long-term investors in eBay. In the coming months, the first target would be $32.5 and then $37.5. EBAY stock warrants a "slowly accumulate" at its current levels, and over the longer-term, it represents a good buying opportunity. ### What Could Derail EBAY Stock? The main issue I find with eBay is its current lack of focus in the highly competitive world of online sales. In 1995, the company started as an auction marketplace -- mainly for lower-priced used goods; but now selling via buy now option has become as common as the auctions. In other words, many individuals would probably not be able to differentiate eBay from Amazon (NASDAQ:AMZN). Amazon has recently cut its fees for sellers especially on cheaper items, and eBay sellers have noticed the potential savings as well as the power of Amazon's platform. The competition also has meant lower margins and a flat bottom line, contributing to the share price decline in 2018. eBay's struggle to re-invent itself with a niche offering may further hamper the earnings. ### The Bottom Line on eBay Stock If you are willing to stay in EBAY stock 3-4 years, you are likely to find value in the stock. I trust that the management will work through the main issues surrounding the focus of the company as well as the competitive environment and the stock will reward patient investors handsomely. eBay may also find itself in the middle of a bidding war for various parts of its business. As of this writing, Tezcan Gecgil has no positions in any securities mentioned. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks You Can Set and Forget (Even In This Market) * 10 Virtual Assistants for the Future of Smart Homes * 7 5G Stocks to Buy as the Race for Spectrum Tightens Compare Brokers The post Buy eBay Stock If You Have the Time and the Fortitude appeared first on InvestorPlace.
eBay (EBAY) operates three growing and highly cash generative businesses that connect buyers and sellers of lower volume, harder-to-find items. The eBay marketplace matches more than 175 million buyers with one billion items, listed by more than 25 million sellers. Amazon is the premier online destination for new, in-season goods while eBay's marketplace primarily serves consumer demand for used, off-season or off-price items.
Bill Nygren, The Oakmark Investor Fund portfolio manager, joins the 'Fast Money Halftime Report' to discuss his new stock buys Netflix, Hilton and eBay.