My Top Stock for Januaryhttp://www.fool.com/investing/general/2012/01/23/my-top-stock-for-january.aspx David Meier
January 23, 2012
The revolution is here. It's time to get on board or get left behind. LinkedIn (Nasdaq: LNKD ) is changing the way millions of professionals manage their careers -- and creating value for members, customers, and shareholders.
I believe LinkedIn has the makings of a multibagger. It's a great business selling at an attractive price, and I am buying shares for my Trends and Trades portfolio. Read on to find out more, and be sure to click the link at the end of the article to follow all of the action on Twitter.
The TNT way
Not only are TNT companies interesting and exciting, but they can create wealth for shareholders. And LinkedIn looks like a long-term winner.
LinkedIn reminds me of Amazon.com (Nasdaq: AMZN ) in its early days. Many investors saw Amazon.com merely as an online bookstore. What Amazon.com really wanted to be was the greatest online retailing platform, able to sell whatever it wanted. LinkedIn wants to be the quintessential professional network, where p eople can not only find new jobs, but also find ways to be more productive and successful in their current ones.
LinkedIn's platform continues to resonate. Membership is growing fast, increasing 63% last quarter, or two new members per second! As more people join the network, the more valuable it becomes -- and the more revenue LinkedIn can generate by selling products and solutions to recruiters, enterprises, advertisers, and members.
Hiring solutions bring people to jobs and recruiters to people. Marketing solutions help businesses advertise their products and solutions to an engaged audience. Members sign up for premium subscriptions to stay on top of all the relevant news and trends in the professional fields. Over the last 12 months, LinkedIn generated $436 million of revenue, up 117%. Yes, that's right: 117% growth. Here's how the revenue streams looked in the third quarter.