I bought LinkedIn (Nasdaq: LNKD) the first time six months ago and have been buying since and telling everyone I know. Yeah, it’s not as cheap as it used to be but it’s still affordable. I remember feeling that way about Priceline (Nasdaq: PCLN) a year ago when I should have bought it and now it’s completely out of reach. I’m not planning to miss out again. LinkedIn is another stock that has a long way to run.
You can read P/E ratios and all the financial data on Yahoo so I won’t bother wasting my blog on that. What I want you to understand is why LinkedIn is such a game changer. It’s become the de facto way that working people connect. Facebook (Nasdaq: FB) is for play time, LinkedIn is for your career. If you have a LinkedIn profile, you know that everyone is rushing to “endorse” everyone else’s job skills in the hopes that the feeling (and actions) will be mutual. I also know who is checking out my resume, who is looking for workers and who in my network might be able to give me the inside scoop on a given company or employee.
LinkedIn is the first step in being a serious professional on the web. Build your profile, then connect to your contacts. Pretty soon, you’ve got a really valuable job finding, company searching and contact making universe. And that’s why LinkedIn has been flying high. It’s the Priceline of the job world. Don’t wait till it’s at 300 when you could buy it in the low 200s today. Buy 10 shares if that is all you can afford. If it dips, buy more. If it goes up, consider yourself in the know.
That’s my current hot pick. And Mama’s sticking to it.
- You Don’t Need a Thousand Reasons to Buy LinkedIn Corp (LNKD) – Just Two (insidermonkey.com)
- Priceline near $1,000? That’s not a typo (buzz.money.cnn.com)
- LinkedIn – Why All of the Hype? (rasmussen.edu)
- Facebook and LinkedIn Figure Out What PR Pros Have Known For Years (business2community.com)