Friday, February 10, 2012

Monster Worldwide, Inc. (MWW)

Monster Worldwide, Inc. (MWW) Yes, I'm going to recommend this terribly beaten, oversold stock.  I'm not going to tell you there have been buyout rumors, because every weekend Yahoo is about to get purchased and we are still waiting.  What I will tell you, is that employment is looking up.  Monster.com has laid off many of its own employees, so their next report should reflect some improvement.


Monster.com financials
Monster.com Investor Relations




Disclosure:  I am long MWW, and plan to continue adding to my position between $7-8 a share.  I plan to sell around $20, or 12-18 months.  This is a speculative stock, and I don't expect an acquisition of this company.  


I am also long Yahoo, but don't plan to add to my current holdings.  I also don't recommend purchasing Yahoo, until there is some clarity to their business.


Monster Worldwide, Inc. (NYSE: MWW), parent company of Monster, the premier global online employment solution for more than a decade, strives to inspire people to improve their lives. With a local presence in key markets in North America, Europe, and Asia, Monster works for everyone by connecting employers with quality job seekers at all levels and by providing personalized career advice to consumers globally. Through online media sites and services, Monster delivers vast, highly targeted audiences to advertisers. To learn more about Monster's industry-leading products and services, visit http://www.monster.com.

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