Latest / Power Players with Brian Sozzi
Inside eBay’s rebirth 30 years after its founding
You may not be able to guess this tech icon going through a rebirth, but here are a few clues. Yahoo Finance data shows this company’s stock trading on a forward P/E ratio of 15.9 times. That’s a discount to the S&P 500’s 22 times multiple. Second, the company was founded on September 3, 1995. So we are coming up on a public company birthday of sorts. And lastly, it has seen 10 straight quarters of double-digit sales gains in its collectibles business — powered by demand for sports cards and Pokémon cards. You are not getting this, so we will give you the company: eBay (EBAY)! We have been…
The skinny
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