This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Mobility & E-commerce: The Formula Of EBay's Future - Research Report On EBay Inc.

NEW YORK, January 24, 2013 /PRNewswire/ --

After posting better-than-expected earnings and sales for Q4 and the total of 2012, eBay Inc. (NASDAQ: EBAY) [ Full Research Report] [ 1 ] has been projecting the right signal for analysts and investors who are bullish about the company. Mobility seems to be the growth driver of eBay as more consumers make online purchases through their mobile devices. Since eBay President and CEO John Donahoe took office in 2008, the company's growth gains reached 14 straight quarters and the stock rallied by 17 percent.

The mobile approach of eBay towards consumers is perfect. In a report by Business Insider Intelligence, 31 percent of mobile owners use their gadgets for primary internet connection. Aside from coming in handy, mobile gadgets allows consumers to multi-task. Whether you're on a train to work or spending a brief pause during a sports match, making a personal investment is just a click away.

eBay wires its customers to efficiently purchase amazing deals through their website or mobile app. It is reported that over 120 million mobile users have downloaded eBay's mobile app. The mobile app download equates to eBay's potential number of customers and potential number of sales. While more smartphones and tablets penetrate the market, the growth of eBay as a mobile commerce pioneer seems to be headed toward the same direction.  

The future of mobile technology is the future of eBay. While more tech companies develop mobile gadgets, eBay has more time to research and develop its already successful mobile platform to meet the requirements of future mobile gadgets. The company's stellar performance paves the way for a stronger, better eBay that can increase its daily trading volume and share price.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,034.93 +208.63 1.17%
S&P 500 2,100.40 +19.22 0.92%
NASDAQ 4,994.6020 +62.7870 1.27%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs