On the other side of the spectrum, we have the Godzilla of social media: Facebook (FB). Plainly said, Mark Zuckerberg’s baby is on a roll. It is coming off of a number of major acquisitions, has strung together glowing earnings reports and is building advertising revenue faster than ever before. Now, looking ahead, it’s releasing a number of technology upgrades — including “App Links,” which will allow apps to talk to each other and users to go between them almost seamlessly. According to YahooFinance’s Phil Pearlman, “… [FB’s] building tools for the mobile web… Just as Google dominates the web, Facebook appears to have its sights set on owning mobile across all platforms.” FB’s pivot into the mobile space has been the spark igniting this still-growing tech titan. Who knows how high shares, or the company’s dominance, can go from here.
In its earnings report, social media jobs site LinkedIn Corp (LNKD) shared that it already has raised its sales forecast for 2014 from $2.06 billion to $2.08 billion. Unfortunately, even that still comes in below Wall Street’s consensus estimate.
Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:
Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
Hilary Kramer is an investment analyst and portfolio manager with 30 years of experience on Wall Street. Since 2010, Hilary's financial publications have provided stock analysis and investment advice to her subscribers: