NEW YORK ( TheStreet) -- Shares of the following stocks touched 52-week highs on Thursday: eBay (EBAY - Get Report), Nordstrom (JWN - Get Report), Tempur-Pedic (TPX - Get Report) and Foot Locker (FL - Get Report).
Each of the stocks received a buy rating from TheStreet Ratings.
The online marketplace owns online payment service PayPal."We believe PayPal will continue to grow 25%+, making it eBay's largest business by 2014 and sustaining overall mid-teen revenue growth, in contrast to consensus expectations for decelerating growth," Wedbush analysts wrote in a Feb. 14 report. Shares of eBay hit a 52-week high Thursday of $36.15. The stock's 52-week low of $26.86 was set on Aug. 19. eBay has an estimated price-to-earnings ratio for next year of 13.42. For comparison, Google (GOOG) has a lower forward P/E of 12.15; Amazon's (AMZN) forward P/E is 44.66. Twenty-two of the 35 analysts who cover eBay rated it buy. Twelve analysts gave it a hold rating and one rated it sell. TheStreet Ratings gives eBay an A grade with a $39.86 price target. The stock has risen 18% year to date.
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