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Top 6 Stocks to Buy for December

These picks should appreciate despite an uncertain market

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Top Stock to Buy #2 – eBay Inc. (EBAY)

Online auctioneer eBay Inc. (NASDAQ:EBAY) is really a global commercial platform, and the largest of its kind. It owns PayPal, Bill Me Later, Gmarket, GSI Commerce, Shopping.com and StubHub.

In late November, EBAY broke from a triple-top at $51, and to a new eight-year high following a positive recommendation from Caris & Company and a buy signal from our internal proprietary indicator, the Collins-Bollinger Reversal (CBR). Accumulation is high and MACD is flashing a buy signal.

Buy EBAY for a quick trade to $58. Longer term the stock appears capable of trading in the mid-$60s.

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Article printed from InvestorPlace Media, http://investorplace.com/2012/12/top-stocks-to-buy-cci-ebay-iau-kmp-pten-wprt/.

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