Let The Stock Picking Begin

I have already told you that the main purpose for me creating this blog was so that I could pick 1-3 stocks per week and track them over a 1 month, 3 month and 6 month period. So, now is the time that I shall start the stock picking! My first stock pick of the week is Ebay. One might question, why Ebay? Then one might say Ebay? That stock has been a bear for about almost a year now. Well, the reasons I like Ebay are as follows, one its brand name. When a company has a brand name like Kleenex or Tivo or Ebay, that means they are the dominant player in their field. Alright, so besides the brand name I expect earnings tomorrow to be in line with estimates, of 0.18 cents per share. Another major reason I like this stock is because it is growing and tapping into major foreign markets. Their stock is off about 40% since its high back in January of 05', which makes it more appealing to me and it has NO DEBT! Anyways, the stock can and should go higher from these levels of $35.36. My price target is 43.