Down 55%, This Blue Chip Stock Is a Good Buy for Long-Term Investors [Yahoo! Finance]
eBay Inc. (EBAY)
Last ebay inc. earnings: 4/29 04:15 pm
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Source: Yahoo! Finance
It's been an industry leader for quite some time, it's financially stable, and it has a global brand many companies could only dream of matching. Unfortunately, being a blue chip stock doesn't make you immune from down periods, and that's exactly what Nike has gone through these past few years. Since hitting an all-time high in Nov. 2021, Nike stock is now down close to 55%. It's fallen 24% in 2024 alone. Needless to say, it's been a rough ride for Nike and its shareholders lately. On one hand, no investor wants to see their investment's value drop by more than half (or at all). On the other hand, Nike's current trading levels present a good buying opportunity for long-term investors who are willing to have some patience. A changing of the guard could breathe new life into Nike Nike recently announced it would replace CEO John Donahoe with incoming CEO Elliott Hill, effective Oct. 14. Donahoe has been Nike's CEO since Jan. 2020, and it has been a tale of two halves. The firs
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News
- What does luxury even mean today? Four fashion insiders weigh in [Los Angeles Times (CA)]Los Angeles Times
- Etsy: A Pandemic Growth Stock Ready For A Rebound In 2025 [Seeking Alpha]Seeking Alpha
- eBay and McLaren Formula 1 Team Unveil Custom American Muscle Car at US Grand PrixPR Newswire
- eBay expands Circular Fashion Fund to start-ups, delivering $1.2 million investment by the end of 2025PR Newswire
- eBay Inc. (NASDAQ: EBAY) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $46.00 to $55.00. They now have a "sell" rating on the stock.MarketBeat
EBAY
Earnings
- 7/31/24 - Beat
EBAY
Sec Filings
- 10/17/24 - Form 4
- 10/17/24 - Form 4
- 10/17/24 - Form 4
- EBAY's page on the SEC website