Thursday, April 28, 2016

DT Brown argues Facebook's the New Religion. But would you buy it?

Josh Brown just posted some interesting and persuasive facts comparing FB to religion. Mainly:

  • 1.65 billion users spending an average of 50 minutes a day on its platforms.
  • Compare that to the 100 million people that watch the superbowl once a year and the dollar amounts it commands.

Everyone knows it's a great company but my question is whether you'd buy it? Fundamentals looks stretched: support. I'm thinking there's a bunch more opportunities out their with bigger upside. But always interested in hearing everyone's thoughts.



Submitted April 28, 2016 at 08:27PM by Matt_Hogan http://ift.tt/23bMgzP

No comments:

Post a Comment