As the title states: How is Ebay stock not a screaming buy!
I took a look at the stock and briefly read through the 10k. Ebay is a corporation most of us are familiar with.. but over the last few years has started falling behind amazon in terms of being the go to provider for buying items online.
reason why i believe it is a buy: 1) Ridiculously Low P/E ratio trading at less than 6X Earnings 2) Owns stubhub! This is Huge (largest p2p ticket buying and selling on secondary market. 3) Sold Balance sheet 4) Revenue in the past year is as strong as what it was 4 years ago! Yes I know amazon is a big player in p2p E-commerce but ebays numbers are staying just as strong as they were in the past. 5) potential shift of sellers leaving the amazon platform due to the higher fees and amazon forcing sellers to take in returns from months back.
What are your thoughts Reddit community?!?!
Submitted September 24, 2017 at 02:19AM by throwaway78198 http://ift.tt/2xxcrvm
