This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Facebook Bought Instagram for Good Reason (Think Amazon!)

To think that Facebook and Pandora cannot monetize mobile will go down as one of the biggest bonehead misses of our time. Advertisers always have and always will go where the people go. They have absolutely no reason not to. In fact, if they do not, they risk almost certain death.

Social media heavyweights such as Facebook, Instagram and foursquare are addictive and useful to their members and increasingly and incredibly valuable to advertisers.

Take a subway train into Midtown Manhattan. Fire up foursquare on your smartphone. After your meal, massage or bookstore visit, try to argue with a straight face that these social media stars a.) cannot monetize mobile and b.) are nothing more than unsustainable flashes in the pan.
At the time of publication, the author was long FB and P.
3 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
FB $94.26 -1.00%
AAPL $121.24 -0.92%
GOOG $626.66 -0.94%
TSLA $265.37 -0.53%
YHOO $36.78 -1.70%

Markets

Chart of I:DJI
DOW 17,693.37 -52.61 -0.30%
S&P 500 2,104.95 -3.68 -0.17%
NASDAQ 5,128.6650 -0.12 -0.00%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs