eBay: Our Little Auction Site Is Growing Up
by Wesley Abel
The promising trends seen in recent global economic data provide a backdrop for what could be a good year for equities. The United States drew down inventories in the fourth quarter while consumer sentiment and cautious optimism pushed higher. Companies are poised to place new orders and restock those shelves. This is great news for the intermediate-term and could spark sustainable long-term economic growth. Given this environment, eBay (EBAY) is strategically positioned to acquire a larger portion of the benefits relative to peers. read more »
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