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eBay (EBAY +2.9%) is making new highs yet again, as investors brush off the ho-hum guidance...

eBay (EBAY +2.9%) is making new highs yet again, as investors brush off the ho-hum guidance (viewed by some as conservative) found in its Q4 report and instead focus on very strong PayPal and mobile growth. Nomura is worried a bit about PayPal's margin decline (the result of aggressive spending under new chief David Marcus), but reiterates a Buy. Others are encouraged by Marketplaces' strength, the product of mobile activity and a revamped site. OSTK +4.7%. (transcript)
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