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This Could Be a Big Boost Ahead for eBay: Analyst

Online auction company eBay could see significant growth from mobile and payments, Internet analyst Aaron Kessler of Raymond James said Wednesday on CNBC.

"EBay today announced 100 million downloads of its mobile app. I think that's really the key to the future. That's driving, we think, the increased marketplace performance and strong payments growth, as well, " he said on "Fast Money ."

But the company isn't done growing.

"You still haven't seen really the offline payments kick in, " he added. "That we could potentially see more of next year. I think that's kind of the future, and that's helping the multiple, as well."

Kessler said he had a $53 price target on eBay, with about 60 percent of the company's business coming from payments and 40 percent from marketplace.

Brian Kelly of Shelter Harbor Capital sounded positive on the stock.

"The quarter was decent, much better than I thought it would be, " he said. "If they can continue to hit that and continue to execute, then I think eBay is a 'buy' here."

OptionMonster.com's Jon Najarian like the stock, too.

"I noticed on their call they said it's definitely mobile is their game-changer, and that they continue to believe that they are the leader in the mobile space, " he said.

Trader disclosure: On Oct. 17, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC's "Fast Money" were owned by the "Fast Money" traders: Karen Finerman is long AAPL; Karen Finerman is long AAPL PUT SPREADS; Karen Finerman is long BAC; Karen Finerman is long BAC CALL SPREADS; Karen Finerman is long JPM; Karen Finerman is long JPM CALL SPREADS; Karen Finerman is long WMT; Karen Finerman is long TGT; Karen Finerman is long MSFT; Karen Finerman is long COMM; Karen Finerman is long RLGY ;Karen Finerman is long GOOG; Karen Finerman is short IWM; Karen Finerman is short MDY; Karen Finerman is short SPY; Guy Adami is long C; Guy Adami is long GS; Guy Adami is long INTC; Guy Adami is long AGU; Guy Adami is long MSFT; Guy Adami is long NUE; Guy Adami is long BTU; Brian Kelly is long QQQ; Brian Kelly is long SMH; Brian Kelly is long FXP; Brian Kelly is short XLF; Brian Kelly is short EWA; Jon Najarian is long GS; Jon Najarian is long JPM; Jon Najarian is long FB; Jon Najarian is long MSG; Jon Najarian is long PHM; Jon Najarian is long DHI; Jon Najarian is long LEN; Jon Najarian is long BBBY.

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