Later this month, Motley Fool Stock Advisor recommendation eBay
The name of the event is eBay Live!, though these days one has to wonder whether "live" is most appropriately used as the intended adjective or more as a hopeful verb, as in "eBay, Don't Die!" That's because shareholders have been smarting of late. Even though the stock had a robust May, rising by more than 20%, eBay's shares are trading far below their December peak of $59.21. Pulse, please?
While investors may be concerned about domestic growth slowing to 20% at the flagship auction space, the company is growing briskly overseas. Its PayPal acquisition continues to be a welcome lead foot on the accelerator. But perhaps the biggest testimonial to eBay's continued success is its list of premier sponsors. Income Investor selection Pitney Bowes
So maybe that's why no one is expecting it to rain on the eBay Live! party later this month. Even the B-52s will be there, and the band is more likely to strike up "Love Shack" than "Deadbeat Club."
Other recent stories worth bidding on:
- The company's last quarter was a mixed bag of results.
- eBay may still be a story stock worth telling.
- Share your thoughts on our eBay discussion board.
Longtime Fool contributor Rick Munarriz is a satisfied eBay user. He does not own shares in any of the companies mentioned in this story. The Fool has a disclosure policy. He is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early.