This Day On The Street
Continue to site right-arrow
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
TheStreet Open House

LinkedIn: Stock's a Buy, Company's a Perpetual Start-up

Stocks in this article: LNKD P AAPL AMZN FB YHOO

It's in the stuff I highlighted at the beginning of the year -- 31% ago -- when I called LNKD The Riskiest Sure Bet of 2013.

When you see a company like LinkedIn make a smart move into content -- as it did around the time it hired its executive editor, Dan Roth, from Wired and Fortune fame -- you absolutely must pay attention. I have the advantage, I guess, of knowing who Roth is because I work in the same industry. That move, though largely unreported by Wall Street analysts and the media, was big and an illustration of how the company operates across its business.

Rarely do you see the finance types hitting hard the focus of my article from earlier in the year where I translated what Weiner said on the conference call before last in response to the only question he was asked about content:

Translation: We're giving people more reasons to visit LinkedIn. Increased visits lead to greater adoption of our premium services. In other words, LinkedIn operates a stickier ecosystem today than it did six months or a year ago.
As LinkedIn becomes more useful, it, using Marissa Mayer's words with regards to Yahoo!'s (YHOO) information and entertainment platform, becomes a "daily habit" for current and prospective members, thereby increasing the likelihood that these users will click an ad or buy a premium subscription.

Generally, it's not a good idea to jump on such a massive move. Always makes sense to wait for a pullback. However, with LNKD -- especially if you're already in a profitable position -- this might be as good a time as any to buy more.

-- Written by Rocco Pendola in Santa Monica, Calif.

Rocco Pendola is TheStreet's Director of Social Media. Pendola's daily contributions to TheStreet frequently appear on CNBC and at various top online properties, such as Forbes.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link 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

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, 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
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,191.37 -195.84 -1.13%
S&P 500 2,002.16 -27.39 -1.35%
NASDAQ 4,637.9940 -43.5030 -0.93%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs