Yelp (YELP) Stock Analysis 9/23/13 September 23, 2013

Yelp (YELP) Stock Analysis 9/23/13 September 23, 2013 -

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Yelp (YELP) stock continues to break out and hit another all-time high on Friday, $71.50.  YELP is a strong buy stock for the long term because their business is growing rapidly.  YELP will now have resistance around $72-$75.  All major pullbacks are a strong buy going forward.  I have a $190 price target on YELP for the next 3-5 years.  I continue to accumulate a large position in my long term account while trading it in my short term account.  Right now the average in my long term account is $53.56.

Also see - Top Stocks 2014 - Top Stock Gainers 2013

Yelp (YELP) Stock Analysis 9/20/13 September 20, 2013

Yelp (YELP) Stock Analysis 9/20/13 September 20, 2013 -

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Yelp (YELP) stock continues to break out and finally hit my 2013 price target of $70 Thursday.  YELP is a strong buy stock for the long term because their business is growing rapidly.  YELP will now have resistance around $72.  All major pullbacks are a strong buy going forward.  I have a $190 price target on YELP for the next 3-5 years.  I continue to accumulate a large position in my long term account while trading it in my short term account.  Right now my average in my long term account is $53.56.

Also see - Top Stocks 2014 - Top Stock Gainers 2013

Yelp (YELP) Stock Analysis 9/12/13 September 12, 2013

Yelp (YELP) Stock Analysis 9/12/13 September 12, 2013 -

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Yelp (YELP) stock continues to break out into the mid $60's.  YELP is a strong buy stock for the long term because their business is growing rapidly.  YELP will now have resistance around $66.24 with support at $62.  All major pullbacks are a strong buy going forward.  I have a $190 price target on YELP for the next 3-5 years.  I continue to accumulate a large position in my long term account while trading it in my short term account.

Also see - Top Stocks 2014 - Top Stock Gainers 2013

Yelp (YELP) Stock Analysis 9/9/13 September 9, 2013

Yelp (YELP) Stock Analysis 9/9/13 September 9, 2013 -

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Yelp (YELP) stock exploded higher this week after the stock broke several key resistance levels and was then upgraded with an $81 price target.  YELP is a strong buy stock for the long term because their business is growing rapidly.  YELP will now have resistance around $65 & $70 with support at $60.  All major pullbacks are a strong buy going forward.  I have a $190 price target on YELP for the next 3-5 years.  I continue to accumulate a large position in my long term account while trading it in my short term account.

Also see - Top Stocks 2014 - Top Stock Gainers 2013

Yelp (YELP) Stock Upgraded - $81 Price Target 2014

Yelp (YELP) Stock Upgraded - $81 Price Target 2014 at Deutsche Bank

YELP stock is rising to $61 this morning after Deutsche Bank upgraded shares to Buy with an $81 price target.  Deutsche Bank views Yelp as a great local and mobile play and sees revenues hitting $1 billion in five years.

Yelp is very addicting, you check in on your mobile phone everywhere you go, you write reviews, and find great restaurants and businesses.  You can even get free drinks at the bar, a free order of fries at select restaurants just by checking in.  On top of the check in deals, Yelp offers Yelp Deals.  Yelp is now competing with Groupon (GRPN) and will eventually steal market share.  Yelp also bought a reservation service called SeatMe.  SeatMe will eventually be integrated into Yelp and compete with OpenTable (OPEN).  My Price Target on YELP is $190 for 2016-2018.

I've like Yelp (YELP) since the mid $40's after the company beat earnings.  Yelp is a stock I actively trade in my trading account and one of my largest positions in my retirement account.