Forget Twitter, Weibo Corporation Is a Better Social Media Stock

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.

Image source: Getty Images.

Continue reading

Source: Fool.com