EBAY Long 2-6 Weeks
Technicals and valuation support a bullish rebound. Supports at 35 from the channel it has been trading in since June. PE of 5.2 is a steal in this market where the S&P trades at a PE of 25. Excellent margins support their profitability. There should be enough space in e-commerce for both Ebay and Amazon
AMZN allowing both to continue to grow.
AMZN allowing both to continue to grow. Disclaimer
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