eBay (EBAY) To Thrive On American Thrift
Dec 5th, 2008 | By Andrew Snyder | Category: Stock Market InvestingCyber Monday was better for online retailers than most expected. But consumers were only interested in heavily-discounted goods. That’s why Andrew Snyder thinks eBay (NASDAQ:EBAY) is well placed to turn a profit this Christmas. It not only attracts bargain hunters, but also sellers desperate to raise cash. And better still, it has a balance sheet that most companies dream of these days.