LinkedIn Corp., the business-oriented service for recruiters, job seekers and corporate networking, is showing investors the sort of promise from a social networking stock that many had hoped to find in rival Facebook Inc.
After the company reported yet another quarter of increasing revenue and millions of new members joining the revamped site, its stock skyrocketed to record-high levels Friday. Shares peaked at US$151.89 on Friday — an intraday record — closing up nearly 21% and bringing LinkedIn’s market cap to just over US$16-billion.
By Christopher Grosvenor:Analysts at Well Fargo downgraded American Express Company (AXP), and analysts at R W Baird downgraded AT&T (T) and Verizon (VZ). The author agrees with the downgrades and would rate the shares Neutral or Market Perform; here's why.
By Hawkinvest:Verizon (VZ) and AT&T (T) have been very popular dividend stocks for the past couple of years, however, both stocks have been acting weak lately and it might be too early to try buying the dip for a couple of reasons.
Kapitall submits:The following is a list of stocks that have recently been downgraded by Wall Street analysts. All of these stocks have a very high level of short interest. If you're a contrarian, this excessive pessimism might present an opportunity...For each stock, we'll list the brokerage that downgraded the stock, the short float and annual performance. Downgrades sourced from RTT News, short float data sourced from Finviz.
By Matt Schilling:When it comes to investing, many investors use the recommendations of Wall Street firms to either buy or sell stock in a publicly traded company. On Friday June 1st, these three companies were downgraded by several analysts, and investors should pay close attention to their upcoming earnings announcements in an effort to either buy for the long term or sell for the short term.