David Einhorn recently revealed that he’s making a big bet on Yelp . TheStreet’s Action Alerts PLUS Portfolio Manager Jim Cramer says on the upside as the yellow pages for restaurants, Yelp has a recurring revenue stream. But on the downside Yelp’s not as good as it used to be after Google changed the algorithm. It doesn’t show up as often in Google searches, which has hurt the stock. The amount that they charge for advertising, unless a customer has huge scale, is outrageous. And the user experience is ‘hideous.’
Subscribe to TheStreetTV on YouTube:
For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:
source
