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Reviewing Yelp’s Year So Far

Evan Niu, CFA

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Social reviewer Yelp  (NYSE: YELP  ) is up huge so far this year, recently topping the $50 per share threshold. Much of the investor optimism is due to mobile revenue growth, but the company still faces threats from larger rivals like Google  (NASDAQ: GOOG  ) , who tried to acquire Yelp years ago. As Yelp transitions to mobile, it will rely less on Google for traffic, which is a good thing.

In the following video, Fool contributor Evan Niu, CFA, and Eric Bleeker, CFA, discuss why Yelp has had such a good year, and whether or not the current valuation makes sense.

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Mystic Maggie

All of the Mystic Maggie Posts are RSS Reader Feeds from around the web. All copyright remains with the original publisher. No copyright is claimed or intended. Where supplied, links back to the original article are included.

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