The class of recently public tech companies has left many investors with a bad taste in their mouths. The idea of picking up shares of one of these companies after the disasters of Facebook and Groupon certainly doesn't seem appealing, but Zillow is definitely worth another look.
The subscription-based company is growing like gangbusters, and continues to entrench itself with superior algorithms and tremendous brand recognition. Despite some earlier apprehension about real estate agents fighting back against the company, analyst Austin Smith believes Zillow is an attractive buy that will grow into its now-lofty multiple.
Even everyone's love-to-hate IPO, Facebook, has some redeeming qualities as well, especially at this price. We've outlined them in our newest premium research report. There is a lot more to this company than meets the eye, so read up on whether there is anything to "like" about Facebook today, and we'll tell you whether we think Facebook deserves a place in your portfolio. Access your report by clicking here.
The article 1 Hot Tech IPO That's Worth Buying originally appeared on Fool.com.
Austin Smith has no positions in the stocks mentioned above. The Motley Fool owns shares of Facebook, LinkedIn, and Zillow. Motley Fool newsletter services recommend Facebook, LinkedIn, and Zillow. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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