He's also maintaining his outperform recommendation on eBay, which in his mind still trades at a "highly discounted valuation." The Motley Fool recommends eBay and recommends the following options: long January 2023 $1,140 calls on Shopify, short January 2023 $1,160 calls on Shopify, and short January 2023 $45 calls on eBay. Second, in his view, revenue growth for e-commerce companies in 2022 was due in part to inflation, and current consensus estimates for such operators are unrealistically high.