eBay can only rise from here. The stock hasn't been battered a lot in the crash at the stock markets. The year low is $25.10 and the high is $40.73. In the next year, I would rate the stock pretty high and very close to its year high. The reasons are simple. eBay has been exploring new markets. They have eBay India and they have PayPal which is very popular. Even though there are competitors to PayPal, their service has been the best till now. eBay has also opened up a new regional portal called Kijiji. They call it the rural marketplace and I have worked on the project. I really think this idea of rural kiosks is a very fascinating one and it could hold tremendous potential in new and unexplored markets for the company. I expect the stock to rise pretty high.
$28.57 (06/14/08)
