Twitter and LinkedIn Rally as Dow Rises

Shares of social networking companies Twitter and LinkedIn rallied on Wednesday, as Intel led the Dow Jones higher.

Feb 26, 2014 at 11:20AM

The Dow Jones Industrial Average (DJINDICES:^DJI) rose more than 63 points as of 11:30 a.m. EST. Dow Jones component Intel (NASDAQ:INTC) was leading the index higher, while other tech stocks, including Twitter (NYSE:TWTR) and LinkedIn (NYSE:LNKD), were also on the rise.

New home sales surge
The Dow Jones' rally may have been partially predicated on economic data. The Census Bureau said 468,000 new homes were sold in the U.S. last month, much more than the 400,000 that economists had anticipated.

Better than expected new home sales should be seen as a positive for the economy, as it suggests the U.S. real estate market may be healthier than otherwise believed.

Intel leads Dow Jones higher
Intel shares rose more than 1% early in the session to count among the Dow Jones' top performers. There wasn't much news to explain the chipmaker's rally, but this week at the Mobile World Congress in Barcelona, Intel has expanded on its efforts at breaking into the mobile market.

This year, Intel should roll out two new mobile chips: Merrifield and Moorefield. 

Twitter jumps
There also wasn't much news to explain Twitter's 3.6% rally. To some extent, the move may have simply been the product regular volatility, as Twitter has been a notoriously volatile stock since its initial public offering late last year.

Twitter shares are up more than 25% since that point, but year to-date shares are down more than 10%. Swings of 3% have been fairly common throughout Twitter's short history as a publicly traded company.

LinkedIn moves higher on analyst upgrade
Another social media stock, LinkedIn, was 3% higher in late morning, but there was actual news to explain the move. RBC Capital upgraded LinkedIn early on Wednesday from sector perform to outperform, with a $250 price target, suggesting an upside of about 20% from the current stock level. 

RBC cited LinkedIn's recent sell-off as reason enough to upgrade the company, as much of the headwinds facing LinkedIn seem to have faded in recent weeks. RBC said it views LinkedIn's 2014 investments -- a focus on expanding its sales force and building its products -- as a positive for the company, and noted that lowered expectations should help LinkedIn exceed analyst estimates in the coming quarters.

A better investment than Twitter?
There's a huge difference between a good stock and a stock that can make you rich. The Motley Fool's chief investment officer has selected his No. 1 stock for 2014, and it's one of those stocks that could make you rich. You can find out which stock it is in the special free report "The Motley Fool's Top Stock for 2014." Just click here to access the report and find out the name of this under-the-radar company.

Sam Mattera has no position in any stocks mentioned. The Motley Fool recommends Intel, LinkedIn, and Twitter. The Motley Fool owns shares of Intel and LinkedIn. Try any of our Foolish newsletter services free for 30 days. 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.

A Financial Plan on an Index Card

Keeping it simple.

Aug 7, 2015 at 11:26AM

Two years ago, University of Chicago professor Harold Pollack wrote his entire financial plan on an index card.

It blew up. People loved the idea. Financial advice is often intentionally complicated. Obscurity lets advisors charge higher fees. But the most important parts are painfully simple. Here's how Pollack put it:

The card came out of chat I had regarding what I view as the financial industry's basic dilemma: The best investment advice fits on an index card. A commenter asked for the actual index card. Although I was originally speaking in metaphor, I grabbed a pen and one of my daughter's note cards, scribbled this out in maybe three minutes, snapped a picture with my iPhone, and the rest was history.

More advisors and investors caught onto the idea and started writing their own financial plans on a single index card.

I love the exercise, because it makes you think about what's important and forces you to be succinct.

So, here's my index-card financial plan:


Everything else is details. 

Something big just happened

I don't know about you, but I always pay attention when one of the best growth investors in the world gives me a stock tip. Motley Fool co-founder David Gardner (whose growth-stock newsletter was rated #1 in the world by The Wall Street Journal)* and his brother, Motley Fool CEO Tom Gardner, just revealed two brand new stock recommendations moments ago. Together, they've tripled the stock market's return over 12+ years. And while timing isn't everything, the history of Tom and David's stock picks shows that it pays to get in early on their ideas.

Click here to be among the first people to hear about David and Tom's newest stock recommendations.

*"Look Who's on Top Now" appeared in The Wall Street Journal which references Hulbert's rankings of the best performing stock picking newsletters over a 5-year period from 2008-2013.

Compare Brokers