Okay, if there was ever a time to be long social networking stocks, it is now. Following great results out of GRPN and LNKD, coupled with the soon to be public FB, I like the prospects of being long here, unless of course Europe drags us into a great depression. Putting that aside for the moment, here is my entire “Social Networking” index, as featured inside The PPT.
My favorites are YELP, TRIP, Z and ZNGA. However, there are others worth a look, based on valuation.
ZNGA, JIVE, DANG, QNST and MM have been battered the most over the past month. Based solely on quarterly revenue growth, QPSA, GRPN, WWWW, INSP, YOKU and Z are booking triple digit gains, with YELP not too far behind.
YNDX has revenue growth of 51% and a FPE of 17. For what it’s worth, Chinese burrito DATE has growth of 84% and FPE of just 13. And if you ever wanted to get into BIDU, now might be your chance, with the stock down 20% over the past month and a FPE of 19.
The market is real hard here, especially with the turmoil in Europe. Should things get back to normal, this is most likely where the hot money will gravitate to: high growth story stocks that effect how we communicate with one another, on a global scale.
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Oh God yes.
Nice post, I like the thesis here. Enough is enough with this Euro crap!
Grasping at straws mode.
even a little company like $STVI posted great results today
love the front page pic on this post. where do you get this stuff?
Jeremy photoshopped it
well done
Bully for the bull! That’s the spirit. Like ’76 the great revolution in America. In this social frenzy be sure not to overlook another catalyst destined to fill our deepest pockets:
http://www.thenational.ae/thenationalconversation/industry-insights/energy/liquid-natural-gas-set-to-fuel-a-torrid-decade-of-change
with QE3 pending…what you think of some KGC at these levels???
I thought KGC was great and built a position in the $9’s.
It’s a passing fad perpetuated by juveniles wearing hoodies.
Glad to see your YELP chopping off dicks, Bro.
Bro…. LOL
What about your old friend $GSVC? How do you think it will act up to and then after the $FB IPO?
$BIDU might be a good candidate for the $100 roll in reverse? Buy puts and cash in when the stock goes below $100.
I hope it does. It’s a definite buy at $100.
YELP baby lol