William (Bill) Patalon III is the Executive Editor and Senior Research Analyst for Money Morning. Before he moved into the investment-research business in December 2005, Bill spent 22 years as a journalist, most of it covering financial news as a reporter, columnist, and editor that included stints withGannett Co. Inc., and The Baltimore Sun.
Today Bill is the creator and editor of Private Briefing. With his latest project, he takes you "behind the scenes" of his established investment news website for a closer look at the action. Members get all the expert analysis and exclusive scoops he can't publish... and some of the most valuable picks that turn up in Bill's closed-door sessions with editors and experts.
To read more about Bill Patalon and his publications visit MoneyMapPress.com.
In June 2012, in the Private Briefing report “Two Years From Now, You’ll Wish You’d Bought This Stock,” resident tech expert Michael Robinson recommended eBay as a profit play that was poised for a nice run.
Michael was right on the money.
eBay shares have zoomed more than 50% since then.
As it’s turned out, however, this is one of those rare stock stories that’s become better as time has passed.
And a plan to break into two companies – with the spinoff of eBay’s PayPal digital payments unit – prompted me to re-recommend the stock in early October. (Since then, the stock has surged about 11.4% – versus only 6.3% for the Standard & Poor’s 500 Index.)
eBay is moving ahead with the spinoff plan. And there are some brand-new developments – additional catalysts that can ignite torrid growth in PayPal’s share price.
It’s time for us to look at this stock anew and pounce on one of the year’s biggest opportunities…
Tags: EBay, paypal, PayPal spinoff, paypal stock, spin-off
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