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Is It Too Late to Buy eBay Stock?

TheMotleyFool

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eBay's (NASDAQ: EBAY) stock price has surged 146% since the end of March 2020. The tragic situation of COVID-19 sent many people to trusted sources online to shop for goods, and eBay's e-commerce marketplace got a huge boost from that wave of traffic. Revenue growth accelerated from a decline of 2% year over year in the first quarter of 2020 to as high as 42% in Q1 2021.

Investors have sent the share prices up 47% in 2021 so far, compared to a 13.6% return from the broader market, as measured by the Nasdaq Composite index. Should you still consider investing in eBay at these levels?

Image source: Getty Images.

Source Fool.com

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