The Huge Tech Story Everyone Forgot About

By Austin Smith – Dec 4, 2012 at 7:15PM

NASDAQ: EBAY

eBay

Market Cap

$27B

Today's Change

(-0.14%) -$0.07

Current Price

$51.18

Price as of April 24, 2024, 4:00 p.m. ET

This company has been flying under the radar.

eBay (EBAY -0.14%) has been one of the most surprising tech stories of 2012. Since the beginning of the year, the company has outpaced many of the more "notable" tech companies like Amazon (AMZN -1.64%) and Apple (AAPL 1.27%), and still trades at a lower valuation than all but Apple.

With their resurgent auction platform driving unexpected growth, and the company's PayPal division continuing to put up huge numbers, eBay is well positioned to continue outpacing its peer group for the near future.

Austin Smith owns shares of Apple, eBay, and Google. The Motley Fool owns shares of Apple, Amazon.com, Facebook, and Google and has the following options: long JAN 2014 $20.00 calls on Facebook. Motley Fool newsletter services recommend Apple, Amazon.com, eBay, Facebook, and Google. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.