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As investors digest the plethora of news from the Eurozone, and await the results of the Fed meeting scheduled for this week, these three companies offer investors a great buying opportunity in both the short and long terms. Several of the stocks were upgraded on Monday, and the other has been trading higher on some very positive news regarding one their drilling projects.

Groupon (NASDAQ:GRPN) - Currently trading at about $11/share and in a 52-week of $8.80/share (52-week low) and $31.14 (52-week high), Groupon was upgraded by Morgan Stanley (NYSE:MS). The firm also set an $18/share price target and set its rating for the company from Equal Wight to Overweight. MS noted that they believe Groupon's rivals such as Google Offers and Amazon Local haven't "gained meaningful traction" within the discount coupon and offering space. That being said I'd still remain cautious at these levels and for investors looking to initiate a position I'd so with a very small one and keep an eye out for the possibility of more upgrades.

eBay (NASDAQ:EBAY) - Currently trading at about $42.21/share and in a 52-week of $26.86/share (52-week low) and $41.96 (52-week high), Keefe Bruyette has initiated its coverage of eBay. The firm set at a price target of $50/share and set its initial coverage of rating of the stock to a level of Outperform. Keefe Bruyette noted eBay's continued growth year over year and thinks that the company will be able to sustain its industry specific growth. That being said, I like the levels at which eBay is currently trading and potential investors should initiate a moderate to medium position considering the company has surpassed EPS estimates in three of the last four quarters.

InterOil (NYSE:IOC) - Currently trading at about $65.40/share and in a 52-week of $31.18/share (52-week low) and $75.87 (52-week high), InterOil received positive comments from the President of Papua New Guinea, Peter O'Neill. Since 2009, Papua New Guinea's State Run Petroleum and Energy Department has spoken out and tried to stop the progression of IOC's Gulf Project, that being said, the project received favorable comments from the country's president over the weekend. During trading on Monday, shares of IOC were up as much as 8.1% and look very attractive at these levels. Investors should initiate a small position at the current price and if further progression is demonstrated, then add to that position.

Source: 3 Stocks I'm Considering This Week