December 21, 2005
SpeculatingStocks.com Stock Pick: eBay Inc. (EBAY)
Stock Price: $44.29 (short-term strong buy)
eBay Inc. operates a major auction service on the Web at ebay.com. Each transaction on its site generates fee revenue through its auction members.
eBay owns Shopping.com, a major online shopping portal for comparison shopping. eBay is one of the major companies really taking advantage of this Christmas season. It is well positioned to be the major winner this month.
EBAY has made a decent run since the beginning of May. EBAY closed in on $45 in early August and then dipped and later recovered strongly to $47. There are now catalysts in EBAY's future to move the company higher.
SpeculatingStocks.com Target Price: We expect EBAY to reach $55 within the next 1-2 months.