Despite of many economic drawbacks, ebay is doing well on NYSE operations.
At least is keeeping a steady performance among other related businesses.
The latest news received from The Wall Street Journal (digital edition), has remarked the huge potential and outstanding performance made by eBAY during the first quarter of 2013.
Please take note on this report:
By Rex Crum, MarketWatch
SAN FRANCISCO (MarketWatch) — EBay Inc. shares got a lift Tuesday, after JMP Securities analyst Ronald Josey named the e-commerce firm as his “top pick” among ten other well-known names in the Internet sector.
Shares of eBay rose on Tuesday as JMP Securities named the firm as its “top pick” among Internet companies.
Josey started eBay /quotes/zigman/76117/quotes/nls/ebay EBAY +0.58% with an market outperform rating, or the equivalent of buy, and a price target of $67 a share, and said that the company is doing a better job of taking advantage of opportunities in mobile services, local businesses and payments, as well as working with retailers to combine its capabilities across platforms that are both online and in traditional retail settings. 
“Innovation is back at eBay and the company is executing on its long-term vision while significantly expanding its addressable market,” Josey said, in a research note initiating his Internet sector coverage.
The upbeat assessment helped lift eBay’s stock by 1.8% to $51. The stock posted its lowest closing point of the year on Monday, though remains up by 35% over the last 12 months.
