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Should You Raise Your Bid on eBay Stock Ahead of Earnings?

Does it still matter that eBay (EBAY) remains one the world’s top e-commerce sites?

Given that its shares are down some 4.5% since its July 2015 split with its payments platform PayPal (PYPL) , Wall Street doesn't seem to believe that eBay has enough growth catalysts. (PayPal is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio.)

EBay reports first-quarter earnings results Tuesday. And investors who are looking for a potential turnaround candidate that's trading at a cheap valuation should buy eBay shares now.

True, eBay is not off to a good start in 2015, with its shares falling 11.2% year to date, and 13.5% over the past six months. It trails the S&P 500 (SPX) index during the both spans. But at 13 times fiscal 2016 estimates of $1.86 per share, compared to a forward price-to-earnings ratio of 17 for...


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