eBay Inc. Adds Two Independent Directors in Preparation for eBay and PayPal Separation
The continuing U.S. stock market rally has diminished the number and similarity of purchases across these top managers.
The shared services agreement between eBay and PayPal should preserve the synergies between the businesses while allowing management to focus on enhancing their respective network effects, says Morningstar’s R.J. Hottovy.
Management’s response to the Marketplaces data breach, the firm’s impressive gains in payment and mobile volumes, and its capital-allocation efforts are reasons why Morningstar’s R.J. Hottovy is maintaining a long-term positive outlook for the firm.
The Internet giant's network effect, mobile capabilities, and PayPal platform have it positioned for long-term growth, say Morningstar's Matt Coffina and R.J. Hottovy.
Morningstar StockInvestor editor Matt Coffina highlights three of the highest-quality companies we cover.