Check the background of this firm on FINRA's BrokerCheck.

Leigh Baldwin & Co.

112 Albany Street, Cazenovia, NY 13035 | Phone: (315) 655-2964 Toll Free: 1-800-659-8044

Check the background of this firm on FINRA's BrokerCheck.

Diamonds and Dogs

10/30/15

Find a job, make connections, and grow your wealth with this popular social media site and stock. Today's diamond is LinkedIn (LNKD) up over $26 or 12% thanks to better than expected earnings. The company easily beat 3Q analyst estimates with earnings up 50% and sales up 37% to $780 million. Since June the social media site has signed up 16 million new users to surpass the 400 million users. Analysts were climbing all over themselves upgrading the stock with price targets of $272, $300, and $300. So far so good for LinkedIn.

 QUICK! Get the last of the classic American Oktoberfest beer. Boston Beer (SAM) is today's dog down over 10% following disappointing earnings and lowered guidance for the year. Boston Beer manages 60 different beer brands including their most famous Sam Adams. The stock made all-time highs back in January thanks to market share gains from Budweiser, but the explosion of micro-breweries is starting to eat into their profits. At the end of 2014, there were over 3,400 breweries in the U.S., up from a post-prohibition low of just 44 in 1979.

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.