Topic: Growth Stocks

Wall Street Stock Forecaster Hotline – Friday, January 24, 2014

Article Excerpt

In next week’s Wall Street Stock Forecaster Hotline, we’ll reveal our #1 U.S. stock pick for 2014. Don’t miss this unique opportunity to profit. EBAY INC., $54.37, Nasdaq symbol EBAY, moved up this week after activist investor Carl Icahn, who owns 0.82% of the company, proposed that it sell its PayPal online-payment business or set it up as a separate firm. He also wants to replace two of eBay’s 11 directors with his nominees. The company rejected the idea. It feels PayPal is important to its long-term growth and makes its auction websites more valuable. Meanwhile, eBay earned $1.1 billion, or $0.81 a share, in the three months ended December 31, 2013. These figures exclude several unusual items, such as costs to integrate acquisitions. On this basis, the latest earnings beat the consensus estimate of $0.80. They are also up 15.1% from $927 million, or $0.70 a share, a year earlier. Revenue rose 13.5%, to $4.5 billion from $4.0 billion. However, that missed…