Friday, October 31, 2014

Notable Additions to Portfolio - Ebay Stock is Undervalued

Today, I initiated a long position in Ebay (EBAY).  This is due to the fact that I find Ebay to be undervalued because I believe it is underestimating how good this holiday selling season will be.  More importantly, the Paypal spin-off in 2015 is going to provide shareholders with a power stock.   Paypal, in my estimation, is going to be the hottest payment system stock to hit the market since Mastercard.  I see shares of Paypal being a crown jewel in a portfolio so I wanted to make sure to get my position secured now.

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