• Skip to content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer

Trading With Cody

Long-term Revolution Investments and Real-time Trades from Cody Willard


  • Twitter

  • YouTube

  • iTunes Podcasts

  • SoundCloud
  • Trade Alerts
  • Latest Positions
  • All Archives
  • Chat Room
  • Books
  • About/FAQ/More Info
    • The Cody Willard Show
    • Testimonials
    • FAQ
    • Contact
    • Privacy Policy
    • Support
    • Money management services
    • Public Speaking
    • Login

Trade Alert – A swap in the long-term Social Basket

May 7, 2014 by Cody Willard

Don’t forget this week’s Live Q&A chat at 2pm EST at https://tradingwithcody.com/chat. Be there or be square, even if it is hip to be square.

I’m going to make a trade in our Social Basket. My biggest position in my stock portfolios overall for the last year and a half has been Facebook most of the time as you all know. I’d also added two very tiny long stock positions in Zynga and LinkedIn, but as you’ve likely noticed I’ve lowered my rating on LinkedIn to a 6 a long time ago and I want to swap it out for a stock that I think has a much cheaper valuation and is growing just as fast. That stock is Yelp!, which is down big from its recent highs, and got smacked again yesterday.

I’m not making it a big position at all, but I’d rather be long Yelp at a $3.5 billion valuation vs LinkedIn at a $20 billion valuation. Both are trading at about 10x sales and Yelp is growing its topline faster at about 50% per year for the next year or two vs. LinkedIn clocking in at 30-40% annual revenue growth for the next year or two.  So there you have it, I’m selling my LinkedIn and replacing it dollar for dollar with Yelp over the next day or two.

 

 

 

 

 

 

  • Twitter
  • YouTube
  • iTunes Podcasts
  • SoundCloud

Related posts:

Trade Alert - Tiny fruit and more RIMM puts trim
Trade Alert - Trimming the Triquint as we look to exit and lock in a huge win
Trade Alert: Taking some profits on our Sony call options
Trade Alert: QQQ profits PLUS A look back and ahead
Trade Alert: Economic analysis and adding to a short

Filed Under: Trade Alert

Disclosure: At the time of publication, the firm in which Willard is a partner and/or Mr. Willard had positions in some of the stocks mentioned above although positions can change at any time and without notice.

Reader Interactions

Primary Sidebar

You are not currently logged in.








» Register
» Lost your Password?

Subscribe now. You can cancel at anytime.

Footer

Disclosure: The firm in which Willard is a partner and/or Mr. Willard has positions in some of the stocks mentioned on this site although positions can change at any time and without notice.

Copyright © 2021 · Magazine Pro on Genesis Framework · WordPress · Log in