eBay’s stock has had one bumpy ride in the last six years
Although Jim Cramer loves eBay Inc. (NASDAQ:EBAY) and thinks all the bad press and bad feelings are already priced into the stock, the company has had a disastrous 2006 in regards to its stock performance. The numbers don’t lie — and there are some who are picking up positions in the world’s largest online auction website for *if* the company’s fortunes turn around. Never say “when”, though — only “if.”
Hey - eBay has no debt and continues to do solid business, although there are laundry lists of things that the auction giant fails at — like customer communication, bad customer service, increasing fees and about a million other things. Still, from a purely financial standpoint, the company is in great shape. Any company with eBay’s scale that has little to no debt should be considered pretty darn decent. But, how decent?
