eBay Inc (EBAY): Are Hedge Funds Right About This Stock?

The elite funds run by legendary investors such as Dan Loeb and David Tepper make hundreds of millions of dollars for themselves and their investors by spending enormous resources doing research on small cap stocks that big investment banks don’t follow. Because of their pay structures, they have strong incentive to do the research necessary to beat the market. That’s why we pay close attention to what they think in small cap stocks. In this article, we take a closer look at eBay Inc (NASDAQ:EBAY) from the perspective of those elite funds.

eBay Inc (NASDAQ:EBAY) investors should be aware of a decrease in hedge fund interest in recent months. At the end of this article we will also compare EBAY to other stocks including Canon Inc. (ADR) (NYSE:CAJ), Estee Lauder Companies Inc (NYSE:EL), and Becton, Dickinson and Co. (NYSE:BDX) to get a better sense of its popularity.

Today there are many gauges stock market investors can use to size up stocks. Two of the most underrated gauges are hedge fund and insider trading signals. Our experts have shown that, historically, those who follow the top picks of the elite money managers can beat the market by a healthy amount (see the details here).