eBay Aktie News

Morgan Stanley is bullish on eBay and bearish on Etsy. Here's what you need to know.

EBay stock got a double upgrade to a buy rating from analysts at Morgan Stanley, who are bullish on firm's AI efforts.

E-commerce stock eBay Inc (NASDAQ:EBAY) is 3.9% higher in premarket trading, following a bull note from Morgan Stanley.

Analysts upgraded one e-commerce stock and downgraded the other in a Thursday report.

It's been a dreary April, with a 4.4% drop for the S&P 500, and a fall of 2% this week. It's also in the grips of the longest slide since January, with a fear gauge on the rise.

Morgan Stanley says investors should buy eBay and short Etsy in a call on the $1.1 trillion U.S. e-commerce market.

With corporate profits at record highs, many companies are returning much of that cash to investors through share repurchase programs. You can profit from this trend by entering long-term positions in buyback stocks.

As eBay continues to invest in the trading card space, the e-commerce company announced Wednesday three significant commercial transactions with Collectors, the parent company of PSA (Professional Sports Authenticator), the third-party authentication and grading provider in the collectibles industry.