Much unlike calendar 2018, calendar 2019 has been a really good year for shares of global social media giant Facebook (NASDAQ:FB).
Year-to-date, FB stock is up more than 40%.
Third, the technicals look really good here, and suggest that Facebook stock is due for a big end-of-year rally.
Is Facebook a good buy now?
A growing revenue stream with a strong moat, flanked by a strong balance sheet and potential for new sources of growth, make this stock an excellent value. Facebook (NASDAQ:FB) is experiencing rapid growth, sometimes at the expense of user privacy.
Is FB a buy or sell?
(FB) – Zacks.
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Why did Facebook Stock Drop 2019?
Shares of Facebook (NASDAQ:FB) had been closing back in on all-time highs, but then came the second quarter of 2019 and the ensuing stock market pullback. Facebook stock has dropped over 10% since its July 24 earnings report, with investor pessimism fueled by worries about a global economic slowdown and continued
Will Facebook be around in 10 years?
Facebook (NASDAQ:FB) stock has had an epic run since its public debut in 2012. In 10 years, much of Facebook’s operation will likely look similar to what it is right now. But the services available through one of the company’s social apps should be far more diverse.