Technical data and charts provided by Barchart: The stock has 88% technical buy signals, as well as a Trend spotter buy signal. It is trading above its 20-, 50- and 100-day moving averages and gained 107% in the last year, 64% in the last quarter and advanced in seven of the last 20 trading session for a monthly gain of 17.11%. The stock has a relative-strength index of 68.33% and a computed technical support level of 39.98. It recently traded at 39.83 with a 50-day moving average of 31.25. Investor interest: The issue is well followed by both professional and individual investors. Thirty-four Wall Street brokerage firms have assigned 39 analysts to monitor the numbers, and they issued 11 strong buy, 16 buy, 11 hold and one underperform recommendation for the stock. Institutions hold 51% of the stock. Short-sellers are stable, shorting about 26 million shares near the beginning of the year and near 36 million shares recently. That is not an alarming number since the stock is currently trading around 61 million shares a day. TheStreet rates this a C- issue. I look to Motley Fool to gauge individual investors' sentiment and 65% of 1,915 readers gave a 65% thought the stick would beat the market. The more experienced All Stars voted similarly, with 71% seeing a market- beater. Facebook has stood up well against its competition and in the past 12 months gained 107%, while Google ( GOOG) gained 26%, Baidu ( BIDU) gained 13% and LinkedIn ( LNKD) gained 121%:
Google -- Market cap $282.88 billion, with a P/E of 25.50. Revenue projected to grow 17.00% next year and earnings estimated to increase 14.52% annually for the next five years LinkedIn -- Market cap $26.11 billion and a P/E of 559. Revenue predicted to increase 41.40% next year and earnings expected to grow 59% annually for the next five years. Baidu -- Market cap $47.91 billion with a P/E of 28.73. Revenue expected to grow 31.90% next year and earnings to increase 20.66% annually for the next five years. Summary: The analysts and public have now had 15 months to look at the company as a going concern. Management has learned to monetize the site and even make a profit. The P/E of 109.59 is still very high for a stock that has an annual projected earnings growth rate of around 30%. This is why I think the stock should still be viewed using technical indicators; watch the moving averages and turtle channels closely to trigger signals of weakness in the price's momentum: The company is for real, even if the P/E is still very lofty. At the time of publication, the author did not hold positions in any of the stocks mentioned in this article. Follow @JimVanMeerten This article was written by an independent contributor, separate from TheStreet's regular news coverage.