Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.eBay ( EBAY) pushed the Retail industry higher today making it today's featured retail winner. The industry as a whole closed the day up 0.1%. By the end of trading, eBay rose $0.88 (1.7%) to $52.83 on average volume. Throughout the day, 12,021,770 shares of eBay exchanged hands as compared to its average daily volume of 9,873,300 shares. The stock ranged in a price between $52.28-$53.24 after having opened the day at $52.53 as compared to the previous trading day's close of $51.95. Other companies within the Retail industry that increased today were: Zumiez ( ZUMZ), up 11.2%, bebe stores ( BEBE), up 6.4%, Acorn International ( ATV), up 5.9% and Pacific Sunwear ( PSUN), up 5.6%.
eBay Inc. provides online platforms, tools, and services to help individuals and merchants in online and mobile commerce and payments in the United States and internationally. eBay has a market cap of $66.6 billion and is part of the services sector. Shares are up 1.9% year to date as of the close of trading on Thursday. Currently there are 24 analysts that rate eBay a buy, no analysts rate it a sell, and 7 rate it a hold. TheStreet Ratings rates eBay as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.