Morningstar's Rick Summer sees Facebook and Google dominating the Internet advertising market as Facebook finds better ways to monetize its massive user base.
We think the professional networking site has a narrow moat and strong prospects, but the current share price is beyond stretched.
Morningstar markets editor Jeremy Glaser unpacks the LinkedIn IPO, changes atop the IMF, a negative surprise at HP, and more.
Investors should resolve to tune out the political news, buckle up for more volatility, be wary of IPO hype, and not stretch for yield, says Morningstar markets editor Jeremy Glaser.
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