Yelp Joins the Party

 | Jan 06, 2014 | 3:41 PM EST  | Comments
  • Comment
  • Print Print
  • Print
Stock quotes in this article:

yelp

,

FB

,

twtr

,

open

,

lnkd

,

pcln

Look at Yelp (YELP). Look at it!

This has been a huge barometer name of mine, one that I have been pushing and pushing aggressively for the last six months and have been confounded by the negative action. When I spoke to CEO Jeremy Stoppelman when I was out at Dreamforce, the festival of all things cloud brought to you by Salesforce.com (CRM), I reiterated that this stock, which was in the low $60s, was simply a must buy.

Today it takes off ostensibly because of a recommendation from a boutique firm, but I also think that this one has paid its dues and has, at last, rejoined the social media Internet bull market as exhibited by the action in Facebook (FB) and, until today, Twitter (TWTR).

Who else could join the party? I am still a big believer in LinkedIn (LNKD), the social media Internet 2.0 professional networking site. I also like OpenTable (OPEN), which I think could be about to burst out (thank you Bob Lang for this idea) and let's not forget Priceline.com (PCLN), which has been totally stalled, but now looks recharged and ready to run.

Columnist Conversations

Conclusion This is a very quick note to visualize the solar stock peer group. I'll do some individual stories ...
Conclusion SSYS is one of two giants in the 3-D printing arena and is reporting earnings on November 5th, afte...
Market continues to hold onto impressive gains in the last day of a roller coaster trading month. This month ...
UPS is bumping up against a very heavy layer of resistance today. The stock's 1.6% gain has pushed shar...

BEST IDEAS

REAL MONEY'S BEST IDEAS

Columnist Tweets

BROKERAGE PARTNERS

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.