Social Media Analytics Shows Experts Bullish On Twitter, LinkedIn and GoPro Ahead Of Earnings; Crowd Also Bullish But Slightly Mixed

Social media is becoming increasingly relevant in the investment world, as its impact on the wisdom of the crowd continues to intensify.

Market Prophit compiles and analyzes the social media commentary that's related to stocks and general investing, and develops statistics that can tell users both crowd and expert (or Market Prophits) sentiment. Benzinga spoke with Market Prophit’s CEO Igor Gonta on Thursday, and asked him about a few stocks trending on the date.

Twitter

Ahead of Twitter Inc’s TWTR earnings, both the “Crowd and Market Prophits have been strongly bullish since January 26th, with Market Prophits being more bullish than the Crowd,” Gonta said. He then added, “Twitter is firing on all cylinders and its innovation is going into hyperdrive.”

As a little bonus, Gonta told us who to follow on Twitter, regarding Twitter’s stock: “one of the top Market Prophits by returns in the last 2 weeks for TWTR was @laurenholmesNYC”

LinkedIn and Google

Also to report earnings on Thursday is LinkedIn Corporation LNKD. In relation to this stock, “Market Prophits are bullish and the Crowd is bearish going into earnings.”

Unlike LinkedIn, Google Inc. GOOG is seeing bulls all throughout the social media spectrum. Both the Crowd and Market Prophits are bullish on this stock.

GoPro

Yet another company scheduled to report earnings on Thursday is GoPro 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.”

To top it all with a cherry, Gonta gave away the top Market Prophit by returns in the last 2 weeks for GoPro: @respinosa6.

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