Angie's List stock has grown 25% in the past month, but is it a good growth company? In this video, Andrew Tonner explains why he thinks Angie's List isn't worth the price. While the company's revenues have grown, free cash flow and earnings have not. Marketing expenses consume 50% of all revenue. The company has never been cash-flow positive for any length of time. Competitors like Yelp! offer similar services for free. So while Angie's List is growing its revenues, the lack of profits makes it a bear stock in Andrew's world. He advises staying away.