Leading business social networking site LinkedIn (NYSE: LNKD ) has turned plenty of doubters into believers over the course of its short but impressive life. The company has rewritten the rules of networking. And perhaps even more enviable, it's developed a powerful business model around its core uses that have set it up to bring in the big bucks for years to come. Investors have taken notice. And although some lament its valuation, the company has shown that it can continue to discover and create new markets that only strengthen its place as the professionals' digital address book.
The company recently made waves for another bold step that some parties hate but its investors should love. In this video, tech and telecom analyst Andrew Tonner breaks down LinkedIn's most recent major development and what it means for investors.
Motley Fool co-founder David Gardner has been a longtime fan of LinkedIn. He's also founded the world's No. 1 growth-stock newsletter, and he's developed a unique strategy for uncovering truly wealth-changing stock picks. And he wants to share it, along with a few of his favorite growth stock superstars, with you! It's a special 100% free report called "6 Picks for Ultimate Growth." So stop settling for index-hugging gains, and click here for instant access to a whole new game plan of stock picks to help power your portfolio.