Published: May 02, 2016
Today LinkedIn announced a merger deal with Microsoft in which the professional network will be acquired for $196/share cash. The transaction is expected to close at the end of this year. SumZero did a quick follow up with Selective Wealth Management PM Chris Devlin who originally pitched LNKD on...
Published: February 13, 2014
Based on my analysis, I expect LNKD to trade around $590, or at a 29% annualized return over the next 4 years, implying a 0.5x - 0.6x PEG ratio. The Company's continued use of Page views as a key metric constricts CPM. I believe the market underestimates and is overly cautious on the ramp for mob...
Published: September 24, 2012
I am recommending a short position in Pandora. At the current valuation, by my estimates, the Company needs to grow its' audience by almost 300% and increase its' mobile pricing by 120% (desktop still grows at 25%). While it may be able to accomplish one or the other, I think it is unlikely that ...
Published: September 06, 2012
Facebook shares sank after BMO Capital analyst Daniel Salmon wrote that many advertisers appear to be reducing the amount of money they're spending on the website. Two out of every three advertisers contacted by Salmon divulged information that was negative for the stock, the analyst wrote.
Published: July 31, 2012
"Facebook is by far the most attractive short I have seen with a market cap in excess of $1 billion. The current valuation implies Facebook is one the highest quality and fastest growing companies in the world. In reality, the company has a poor track record of monetizing user activity, and its g...
Published: June 28, 2012
I believe we’re about to see LinkedIn’s first crack with 2Q earnings. I expect the firm to report revenue growth in line with its guidance and consensus for the first time in its public history.
Published: June 28, 2012
I believe we’re about to see LinkedIn’s first crack with 2Q earnings. I expect the firm to report revenue growth in line with its guidance and consensus for the first time in its public history.