Tech Companies to Avoid No Matter What
The following video is part of our "Motley Fool Conversations" series, in which Chief Technology Officer Jeremy Phillips and senior technology analyst Eric Bleeker discuss topics around the investing world.
With the recent market sell-off, growth companies are getting sold off the hardest. Since Facebook's IPO, Yelp is off 17%, Groupon is off 15%, and Zynga is off 25%. Worse than all three of those previously high-flying Internet stocks is Facebook's own performance in that time frame, down 30%. Eric and Jeremy take a look on each stock, advising investors that Yelp, Zynga, and Groupon are all stocks that shouldn't be bought - even if their stocks keep sliding. However, the two are divided on Facebook's prospects. See their analysis on why these companies should be avoided.
Facebook recently became the largest company ever to IPO. Yet before the infamous and now busted IPO, The Motley Fool released a report telling investors not only why they need to avoid Facebook, but also what better recent tech IPO they should buy. That report could have saved millions for investors who rushed into the Facebook IPO, and it's still available today. It's called "Forget Facebook -- Here's the Tech IPO You Should Be Buying," and it details a much better social-media stock that has a longer runway for growth than Facebook. The report won't be available forever, so click here to get access today -- it's totally free.
At the time this article was published Eric Bleekerand Jeremy Phillips have no positions in the stocks mentioned above. The Motley Fool owns shares of Facebook. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
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