Social Media Analytics: Experts Bullish On GoPro, LinkedIn And Twitter Ahead Of Earnings
Market Prophit compiles and analyzes the social media commentary that's related to stocks and investing, and develops statistics that can tell users both crowd and experts (or Market Prophits) sentiment. Benzinga spoke with Market Prophit CEO Igor Gonta on Thursday, and asked him about a few stocks ahead of earnings.
Going into Twitter Inc's (NYSE: TWTR) earnings, both the “crowd and Market Prophits have been strongly bullish since January 26, with Market Prophits being more bullish than the crowd,” Gonta said. “Twitter is firing on all cylinders and its innovation is going into hyperdrive.”
LinkedIn Corp (NYSE: LNKD) is also scheduled to report after the bell. “Market Prophits are bullish and the crowd is bearish going into earnings,” he said.
Unlike LinkedIn, Google Inc (NASDAQ: GOOG) is seeing bulls all throughout the social media spectrum. Both the crowd and Market Prophits are bullish on Google.
Speaking on GoPro Inc (NASDAQ: GPRO), Gonta told Benzinga that, “as the stock has recently bottomed at $50/share area, both the crowd and Market Prophits are very strongly bullish. Maybe its due to the fact that there might be a floor at this price or because they're looking to get into media, but in either case, sentiment seems to have turned very positive on them recently."
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