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The Chartman

Are Companies that Offer Free Services a 'Buy'?

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It was a pretty darn good week for the market, with this guy admittedly surprised by the continued strength.  I do expect a pullback after the recent breakout, but at this point, the market still has the green light.

This week, I wanted to look at stocks where I use the product, but pay nothing. Zynga (NASDAQ:ZNGA) and LinkedIn (NASDAQ:LNKD) came to mine, but when I pulled up the stocks, I realized I had already charted them. So, let’s change gears a bit and see how they’ve done since they first appeared here.

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With LNKD, I would have bought, but then stopped out on the post-breakout decline.  But, the recent breakout seems to have stuck.

Fingers crossed the rally continues.  And that my Nationals stay in first place.

What do you think?

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