Investors Impressed By Amazon, EBay’s Latest Reports

By | May 5, 2015

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The Internet retail group is on the rise, ranked No. 5 out of 197 industries for six-month relative price performance as of Tuesday’s IBD. Investors cheered first-quarter earnings reports from U.S. e-commerce giants eBay (EBAY) and Amazon.com (AMZN) last month. EBay shares are setting up in a flat base with a 61.03 buy point, less than 5% off a 52-week high. The online marketplace and payment service firm topped earnings expectations when it Scalper1 News

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