Should You Buy eBay Stock For Its Cash?

eBay's (EBAY) free cash flow is 5.2% of its market value, against 4.6% for the median S&P 500 company. A stock usually offers more cash for its price than most for one of two reasons. Investors either underrate the business or expect its cash to shrink. A buyer needs to know whether eBay's cash is underrated or about to shrink.