Professional networker LinkedIn has more than doubled so far this year as the company transitions to mobile usage and its membership base continues to grow. All three primary business segments are executing admirably, and LinkedIn's monetization strategy is far more sustainable than other players in social media, such as Yelp .
The social spin in recruiting is disrupting the fragmented market, and the company has countless opportunities as it expands internationally. LinkedIn fetches a premium valuation right now at 21 times sales, but it's easily warranted.
In the following video, Fool contributor Evan Niu, CFA, and Eric Bleeker, CFA, discuss LinkedIn's strong 2013 performance, and where the company may head from here.
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The article Reviewing LinkedIn's Year So Far originally appeared on Fool.com.
Eric Bleeker, CFA, has no position in any stocks mentioned. Fool contributor Evan Niu, CFA, owns shares of LinkedIn. The Motley Fool recommends Facebook and LinkedIn. The Motley Fool owns shares of Facebook and LinkedIn. 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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