Forget Twitter, Weibo Corporation Is a Better Social Media Stock
Twitter (NYSE: TWTR) rallied in late October after its third quarter numbers beat analyst expectations. But the stock remains far below its IPO price of $26, which it hasn't seen in two years.
I previously told investors to avoid buying Twitter, since its core advertising business remains weak. Instead, investors should consider buying Weibo (NASDAQ: WB) -- the "Twitter of China" -- which is generating much stronger growth than its western counterpart.
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Source: Fool.com
