Top 10 Summer Stocks
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Top Summer Stock #9: eBay
Not all fun activities associated with summer happen outdoors. In recent years, the summer shopping season has increasingly been conducted via computer. No firm stands to reap the benefits of the online shopping craze more than online auctioneer eBay (EBAY).
The Internet reseller has become a destination site for many shoppers looking for items at a reduced price. If you've ever purchased something on eBay, you know just how easy, fast and safe it is—not to mention the savings you can get if you are the lucky winning bidder. EBay shares have been in rally mode since early March, and we expect more of the same from this iconic tech brand as the temperature rises this summer.
EBay is not the only online shopping destination packing a punch. See why Amazon.com (AMZN) is one of 12 Momentum Stocks to Trade Now.
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