Yelp Helps Memphis (Photo credit: Yelp.com)

Facebook And Yelp Remain A Good Bet Despite Recent Price Tumbles

Facebook shares have taken a tumble recently along with a number of other of the so-called momentum stocks including Yelp (-6%), Twitter (-4%), LinkedIn and Trulia. Facebook dropped sharply (4%) and fell through the $45 mark for the first time in over a year. This comes at a time when most of these stocks have been enjoying earnings growth and holding a strong balance sheet with cash on hand.