2013 wasn't exactly kind to eBay (NASDAQ: EBAY ) shareholders.
In a year when indexes like the Nasdaq absolutely soared, eBay's shares actually seesawed back and forth between positive and negative territory for most of the year. In fact, eBay's shares are down slightly over the last 12 months.
And as it heads into its final report of its FY 2013 on Wednesday, eBay is looking to finally rekindle some long-overdue bullishness among investors.
An overlooked growth story at eBay
Even though its stock price has stagnated, eBay's core business actually performed rather impressively over the last several years. It has grown sales by more than 10% for 11 straight quarters. And if its quarterly earnings on Wednesday unfold as expected, its sales growth streak should extend to a 12th straight quarter as well.
More broadly, eBay two core businesses, auctions and payments, remain as dominant as ever. And especially considering its reasonably fair valuation, the company could arguably be poised for a comeback in the year ahead.
In the video below, tech and telecom analyst Andrew Tonner discusses the numbers and key story lines investors should be on the lookout for during eBay's earnings on Wednesday.
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