Your friendly neighborhood Gumshoe is on vacation this week and celebrating Independence Day, but we’ve gotten so many questions about this pick that we can’t resist sharing it with you.
The Motley Fool has hyped up this same pick several times this year — quite profitably so far, though I’ve not been along for the ride.
Here’s how they’re pitching it this week:
“Not only has Motley Fool co-founder David Gardner named this remarkable company both a “Core” holding and a ‘Best Buy Now’ for June 2013 in our growth-focused Motley Fool Rule Breakers newsletter…
“He’s also recommended it to his Rule Breakers members on three separate occasions — and even put real money behind it not once, but twice, for his cutting-edge Motley Fool Supernova service (and every one of these positions is already beating a white-hot S&P 500 by double-digit percentages).
“Former hedge-fund guru Ron Gross (who beat the S&P 500 by 145% between 2000 and 2008) has also purchased this stock multiple times for our Motley Fool Million Dollar Portfolio service — calling this “a rare transformational company whose growth potential is limited only by its imagination.”
“But David Gardner and Ron Gross aren’t the only ones ‘doubling down’ on this one-of-a-kind opportunity…
“David’s brother, fellow Motley Fool co-founder and CEO, Tom Gardner, has actually bought this stock on FOUR separate occasions over the past year.
“And not just for the “Everlasting Portfolio” he runs inside of his elite $7,500/year Motley Fool ONE service, mind you… but also for his own personal portfolio.
“In fact, this stock is our CEO’s largest personal holding!”
And this isn’t just a rehash of the pitch they made for this newsletter back during ski season, they’re actively touting it at the current price today:
“Shares have already soared 49% this year, so we’re all sitting on a nice paper gain, but we’re convinced the big money is still yet to be made. And obviously we’re not alone…
- Forbes just ranked this company No. 1 on its list of the 25 fastest-growing technology firms and noted that it “blew away other Fast Tech 25 firms with three- to five-year estimated earnings per share growth of 51%.”
- Credit Suisse analysts just began covering this company — and have conservatively set a price target nearly 35% above the current share price…
- And, investment legend George Soros recently snapped up 60,000 shares…
“Meanwhile, Tom Gardner says we could see this company at least quadruple in value over the next decade.
“Which is why he just named it as his TOP stock pick for June 2013 in our flagship Motley Fool Stock Advisor newsletter — where the average pick has beaten the S&P 500 by a 75% margin over the past 11 years.”
So yep, this “No. 1 stock pick across the entire Motley Fool universe” is still … LinkedIn (LNKD)
And no, I don’t own it. Or much like using the service — though I’m probably a bit of a misanthrope and I don’t really like the regular cocktail party version of networking, either, and I’m not hiring or looking for a job, so what I think may not count too much. I’ve covered this a few times and there’s only so many ways you can say, “hey, this is really expensive!” and “gee, I wish I’d bought it so I could have that 50% gainer this year.”
But more importantly, I’m on vacation — so you can toss your own opinion on the pile with a comment below.
Or check out what readers said when we unveiled this teaser the first time around here, or when Tom Gardner called it the “#1 pick” after it rose 50% from there just a month later. And there’s actually a good Bloomberg video interview with LinkedIn’s CEO here that might help you decide to drink the Kool-ade. It’s hyper growth, and you pay for at least a big chunk of that anticipated growth if you buy it today.
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