Out Fox The $treet

Summary Zillow announces that the CFO is departing the company on August 7. The company isn't going to see the typical seasonal stock gains. The recommendation is for investors to sit on the sidelines until the Trulia merger and CFO issues are resolved, possibly providing a seasonal buying opportunity in the fall.    The after hours news for Zillow (NASDAQ: Z ) isn't very encouraging. The online real estate marketplace continues to feel the impact from a messy integration from the Trulia merger and the latest impact is the CFO leaving the building. The stock that peaked over $160 on the initial announcement of the supposed game-changing merger is now struggling to hold $80 in initial trading after this news.  Read the full article on Seeking Alpha.  Disclosure: No positions mentioned. Please read the disclaimer page for more details.

Interesting analysis from Piper Jaffray senior analyst Gene Munster on Yelp (YELP) . Along with Zillow (Z) , these new-age Internet companies are attracting the business clients. Long-term these businesses could have more staying power than a social media stock that loses the cool factor. Yelp and Zillow provide consumers with real actionable information that is attractive to a business. Disclosure: Long Yelp and Zillow. Please review the disclaimer page for more details.

The real estate market needs a destination site on a domestic and possibly global basis, and that's what makes Zillow ( NASDAQ: Z     ) such an interesting investment prospect. The top online real estate marketplace could eventually rival the valuations of a LinkedIn or Priceline.com , which average more than $40 billion now. The biggest issue in the real estate sector continues to be the lack of a comprehensive solution that incorporates all houses listed for sale. Several listing networks limit real estate listings to internal networks, hence the reason for the Trulia ( NYSE: TRLA     ) purchase of Market Leader. The other threat has been Move, ( NASDAQ: MOVE     ) which runs Realtor.com. But both of those situations involve operating under the influence of Realtors instead of home buyers who want an independent website to view. Read the full article here . Disclosure: Long Z. Please review the disclaimer page for more details....

Now that Zillow ( NASDAQ: Z     ) has sold off to the tune of 10% following competitor Trulia 's ( NYSE: TRLA     ) earnings, investors need to refocus on the solid takeaways from Zillow's own strong earnings. Zillow and Trulia are battling in the rapidly developing online real estate market with Realtor.com operator Move ( NASDAQ: MOVE     ) . By total traffic metrics and market capitalization, Zillow is the leader in the sector, but the competitors are spending heavily in an attempt to close that lead. The key takeaways from the fourth-quarter earnings report is that Zillow continues to expand the leadership position in traffic to real estate sites. Read the full article here . Disclosure: No positions mentioned. Please review the disclaimer page for more details. 

Zillow ( NASDAQ: Z     ) is facing increasing pressure for the leadership position in the online real estate marketplace. The recent purchase of Market Leader by Trulia ( NYSE: TRLA     ) places it in a more comparable position based on revenue. Move ( NASDAQ: MOVE     ) continues to make long-needed enhancements to realtor.com, but it has fallen far behind the monthly unique users, or MUUs, of Zillow and Trulia. The previous week's earnings call for Zillow provided several key numbers that suggest the leadership position isn't as much in question. While Trulia made a big step forward on the professional agent aspect of the business, it fell even further behind on traffic to its core sites. In addition, Move recently got approval to become more competitive via quicker updates to the primary website, but the consumer traffic levels suggest it might be too far behind to catch up. After all, President Obama chose Zillow to participa...

After reviewing the top gainers in the S&P 500 since March 9, 2009 provided by Bespoke Investment Group, one stock really stuck out. Chipotle Mexican Grill ( CMG ) generated one of the largest gains at nearly 1,000% during that period. What really stood out is that Chipotle unlike other stocks on the list was considered a high quality company all along yet it presented several extreme-buying opportunities over those years. Using that same general concept of buying quality stocks on dips, a couple of top performing companies with huge opportunities really stick out. Both Yelp ( YELP ) and Zillow ( Z ) have very desirable, market leading models. The issue is that the stocks trade at high multiples that make the stocks difficult to purchase at the current levels. Following the Chipotle example, the market will provide several opportunities in the future to buy these stocks at lower multiples. The key is whether investors are prepared and ready to pounce when it occu...

When a stock drops by more than 6% in one day due to a research report, long-term investors need to see if any issues were brought up that change the investment thesis. On Friday, Zillow ( NASDAQ: Z     ) plunged nearly $10 at one point on the back of a negative report by Citron Research. In some regards, the situation is even more pressing in a stock such as Zillow, which had gained more than 330% off the bottom prior to the report on Friday. Read the full article here . Disclosure: No positions mentioned.

One thing that really stands out in the Zillow (NASDAQ: Z ) quarterly report is that the monetization of the Zillow real estate properties is finally taking place in full force. Whether the real estate collapse destroyed demand or it has just taken a while to develop a monetization strategy, and especially one that includes a site that is 70% mobile on the weekends, the company is finally hitting in full more » Disclosure: No positions mentioned. Please review the disclaimer page for more details. 

As investors ponder whether Zillow (NASDAQ: Z ) is overvalued at $70, the big picture needs to be considered. The company has a market value of nearly $2.5 billion and revenue that won’t even cross $200 million this year. While it might be difficult to envision it being worth $10 billion at this point, the company appears to have all the makings of a future that big. The company more » Disclosure: No positions mentioned. Please review the disclaimer page for more details. 

As a leader in the real estate online market place, investors might be shocked that Zillow (NASDAQ: Z ) is only worth $1.8 billion. The website has long been a go-to place to review houses for sale and home values, yet the level of revenue and market value might surprise investors. In fact, this investor regularly used the website back before the financial crisis in an era before Facebook and more » Disclosure: No positions mentioned. Please review the disclaimer page for more details. 

After the market close on Tuesday, Trulia (NYSE: TRLA ) reported results that missed analyst estimates. The stock though jumped after hours based on the rapid revenue growth and guidance. The online marketplace for real estate has been on a tear of late and the latest news apparently didn’t disappoint those stockholders. Are investors overly excited about the prospects of a stock trading at nearly 10 times revenue estimates that more » Disclosure: No positions mentioned. Please review the disclaimer page for more details. 

This article is the fourth in a monthly series to analyze the stocks at the forefront of the monetization of the trend towards mobile data traffic. The original mobile monetization index highlighted the leading public companies and defined the concept. Market Data The expectations for the monetization of mobile traffic increased dramatically in December following the nice surprise when Facebook (FB) reported very strong mobile revenue back in October. Analysts continue to become more bullish on the concept. Read the full article at Seeking Alpha. Disclosure: Long AAPL, GLUU, and VELT. Please review the disclaimer page for more details. 

This article is the second in a monthly series to analyze the stocks at the forefront of the monetization of the trend towards mobile data traffic. The original mobile monetization index highlighted the leading public companies. The concept was created as the market continuously lumped the new mobile stocks into the original failures of the relatively old companies such as Facebook (FB) and Google (GOOG) . Recently Facebook reported a huge improvement in the monetization of mobile traffic providing hope for the sector A range of companies benefiting from this shift to mobile traffic continues to grow. The industries range from Advertising to Real Estate to Travel with varying degrees of success and profits. Read the full article at Seeking Alpha. Disclosure. Long AAPL, GLUU, VELT. Please review the disclaimer page for more details. 

The housing market has been depressed for over 5 years now. During that time period several smaller, housing-related internet stocks have gone public to mostly limited fanfare. These stocks could provide some under-the-radar opportunities as the housing market rebounds in the coming years. The market is well aware of the homebuilding stocks that have soared this year such as KB Homes (KBH) or the major home improvement retailers like Home Depot (HD) and Lowe's (LOW). What about the internet-related housing stocks such as Bankrate (RATE), Market Leader (LEDR), Move (MOVE), or Zillow (Z)? The market is very infatuated with the social media stocks such as the upcoming Facebook IPO or Zynga (ZNGA). Instead of focusing on these stocks, why not buy into a sector of the internet that isn't hot? Read the full article at Seeking Alpha. Disclosure: Long HD and LOW. Please review the disclaimer page for more details.