as management warned about softening consumer demand beginning in September and extending into the current sales period, particularly in Europe. U.S. shoppers also are looking for more value, management said.
The commentary from eBay executives painted a picture that says, "Oh man, I'd rather be in Costco. I'd rather in Amazon. I'd rather be in Walmart," Cramer said on "Squawk on the Street." Cramer's Charitable Trust, the portfolio used by the CNBC Investing Club, owns shares of Costco andJim Cramer says this consumer stock is the one to own if the economy continues to softenShares of eBay fell nearly 6% in early trading Wednesday, to around $38.40 each.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cramer: eBay's results boost investment case for stocks like Costco and AmazonThe commentary from eBay executives painted a picture that says, “Oh man, I’d rather be in Costco. I’d rather in Amazon,” Jim Cramer…
Source: nbcchicago - 🏆 545. / 51 Read more »
Jim Cramer says the market made major strides during last week's rallyCNBC’s Jim Cramer on Monday said last week’s market action may not be temporary.
Source: NBCLA - 🏆 319. / 59 Read more »
Jim Cramer says the market made major strides during last week's rallyCNBC’s Jim Cramer on Monday said last week’s market action may not be temporary.
Source: nbcchicago - 🏆 545. / 51 Read more »