eBay (Nasdaq: EBAY) has returned an astonishing 50% so far year to date, and many investors are wondering whether it can keep up the torrid pace.
Fortunately for them, it can, and we review three reasons the company should be able to maintain this performance. This is a company at the forefront of the digital and mobile commerce revolution. While many retailers have been disrupted by the growth of mobile, eBay is seeing huge gains from the space. The recent acquisition of GSI commerce and PayPal's incredible global growth potential are just two other big long-term growth drivers as well.
If you're in the market for some high yielding ASX shares, look no further than our "Secure Your Future with 3 Rock-Solid Dividend Stocks" report. In this free report, we've put together our best ideas for investors who are looking for solid companies with high dividends and good growth potential. Click here now to find out the names of our three favourite income ideas. But hurry – the report is free for only a limited time.
More reading
- Reporting season preview
- Are miners betting the house on iron ore prices?
- Dear Apple: Get back to work
The Motley Fool's purpose is to help the world invest, better. Take Stock is The Motley Fool's free investing newsletter. Packed with stock ideas and investing advice, it is essential reading for anyone looking to build and grow their wealth in the years ahead. Click here now to request your free subscription, whilst it's still available. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.
A version of this article, written by Austin Smith, originally appeared on fool.com
