eBay Inc. (NASDAQ:EBAY) is one of the stocks Jim Cramer highlighted recently. Cramer mentioned the stock during the episode and said:
“Second is eBay. Now it’s intriguing. Just reported a good quarter. That is not enough for me because I fear the old eBay coming back. It has retired stock at 9% clip, though.”
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eBay Inc. (NASDAQ:EBAY) operates online marketplace platforms and mobile apps that connect buyers and sellers, enabling users to list, purchase, and pay for a wide range of products. Cramer mentioned the stock in a June episode and commented:
“There’s no real theme to the other stocks on the list… eBay’s a real shocker. It’s come a long way to get back on this list. Now, I’ve watched this stock get carved up for ages, but now it looks like eBay has stopped being a whipping boy, and people are feeling comfortable buying merchandise second-hand. Has a partnership with Facebook’s Marketplace, which has spurred real growth for the company. I like that, by the way, that marketplace section.”
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Disclosure: None. This article is originally published at Insider Monkey.