What has driven this drop in SP? A very marginal miss in Q2 earnings when revenues were up 42% and EPS up 32%? Its baffling.
There maybe a limit to the number of people on the planet but the opportunities to monetize and leverage growth off Facebook's huge network remain huge.
Priced on a multiple of just 21x TTM earnings cannot last long.
This is not a recommendation to buy or sell. Stocks are not suitable investments for everyone. Please do your own research.
Submitted December 05, 2018 at 09:57AM by InterestingNews1 https://ift.tt/2zJDp3j
No comments:
Post a Comment