Renren bathed in positive press following its May 2011 initial public offering. And why not? At the time, most were convinced that this comparatively small-time Chinese social network would become the Facebook of its region, not realizing that Tencent Holdings had a much bigger base to build from.
Yet despite a massive sell-off over the past two years, Tim Beyers of Motley Fool Rule Breakers and Motley Fool Supernova says the time is right to get back into Renren. He explains his bullish CAPScall on the stock in the following video. Please watch, and then let us know what you think in the comments box below.
If you'd like to know more about the "Facebook of China," The Motley Fool has published a premium report on Renren, giving you a rundown of its opportunities and threats. Just click here to get started.
The article Renren Will Crush the Market -- Here's Why originally appeared on Fool.com.
Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team and the Motley Fool Supernova Odyssey I mission. He didn't own shares in any of the companies mentioned in this article at the time of publication. Check out Tim's Web home and portfolio holdings, or connect with him on Google+, Tumblr, or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.The Motley Fool recommends and owns shares of Facebook. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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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