Here's why all those investors out there who wrote off social media stocks are kicking themselves.
The following video is from Friday's Investor Beat, in which host Chris Hill, and analysts Ron Gross and Matt Argersinger, dissect the hardest-hitting investing stories of the day.
Second-quarter results for LinkedIn (LNKD.DL) are in, and the numbers are looking good. Profits were up 34%, revenue up 60%, and registered users up 37%. In our lead story on Investor Beat, Matt and Ron look for a downside to LinkedIn's quarter, and discuss whether investors should be buying now.
Chris Hill has no position in any stocks mentioned. Fool contributor Matthew Argersinger has no position in any stocks mentioned. Ron Gross has no position in any stocks mentioned. The Motley Fool recommends LinkedIn. The Motley Fool owns shares of LinkedIn. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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