Share photos and videos, send messages and get updates. It’s not hard to envision Facebook’s EPS growth rate falling to 10%-12%, particularly as the aging Facebook platform continues to lose younger users. It’s fun to give the company grief for its namesake platform which is over-the-hill and decidedly uncool. It also places QQQ above its 50-day moving average and within striking distance of its 20-day. The cost, and max loss, is $4.25. Of course, a break of last week’s low ($244) would change my mind. Consider that Facebook’s revenue has only increased 20% annually in recent years. Zuckerberg’s flagship held support and rallied convincingly into the weekend. Consider it a bet that Facebook stock remains above $215. Huge revenues and profits today doesn’t necessarily ensure future success. Implied volatility is high enough at the 37th percentile to make selling bull puts interesting. Earlier this year, Facebook reported its slowest quarterly revenue growth since going public. So far, however, there’s no sign that Zuckerberg has lost his ability to be a ruthlessly effective leader. Source: The thinkorswim® platform from TD Ameritrade, The Compelling Case for Buying the Facebook Stock Dip. The old ceiling has become a new floor. Facebook Stock Is Still the Best Play in the FAANG Group Covid-19 has slowed down Facebook stock more than many of its tech rivals. He also worked as a Junior Analyst for Kerrisdale Capital, a $300 million New York City-based hedge fund. Finally, we’ll drill down to the daily time frame to discover the subtle shift in tone that transpired last week. There are two types of corrections. At this point, Facebook is trading at 32 times its 2019 earnings and analysts, on average, expect its earnings per share to climb 20% this year. Add it up, and it’s not hard to be bearish on Facebook stock. Still, though, Facebook’s primary business is advertising, and it has some customers that have been badly hurt by the pandemic. The $245 zone was old resistance, an unfilled gap, and the prior pivot low. A finale to the fleeing would signal the bull market is back on, and stocks can resume their rally anew. It’s a testament to Facebook and Google’s (NASDAQ:GOOGL) excellent business models that their financial results haven’t been hit much harder. Facebook remains my favorite tech stock with a market capitalization of $500 billion or more. That will be the tell for me that this bottoming attempt is going the distance. Monday morning’s rally has so far fallen short of breaking above the 50-day moving average. I also think that Facebook CEO Mark Zuckerberg deserves more credit than we give him. Or has Covid-19 dealt it a unique blow? The Trade: Sell the Nov $215/$210 bull put spread for 75 cents. Almost everyone (certainly myself included) thought it was nuts to pay a billion dollars for a company with a dozen employees and no revenue. It is a regular and necessary occurrence that allows an uptrend to go the distance. 「Stock（ストック）」は、チームの情報を最も簡単に残せるツールです。これ以上なくシンプルなツールで、「Stock（ストック）」を使えば、チーム内の情報共有にストレスがなくなります。「Stock（ストック）」は、Androidアプリ、iphoneアプリにも対応しています。 None of the FAANG stocks — including Facebook — is a sure thing at their current valuations. The location of support isn’t a coincidence. All rights reserved. In general, advertising businesses do not do well during recessions. First, it allowed the formation of a double-bottom pattern. Shares of the social media sultan are ready to buy. You’ll get the name & ticker of Matt McCall’s top pick when you tune in to his FREE event. Facebook Stock Is Still the Best Play in the FAANG Group, 3 Reasons to Inject Your Portfolio with Sorrento Therapeutics, Matt McCall and the InvestorPlace Research Staff, Buy Piedmont Lithium Stock Now for Unique EV Exposure, Louis Navellier and the InvestorPlace Research Staff, Trump vs. Biden: Stocks to Buy No Matter Who Wins the White House, 7 Elections Stocks You Definitely Want To Avoid Leading up To the Big Vote, 7 Value Stocks To Buy Today For Security And Consistency, Despite Its Huge Run-Up, Hyliion Stock is Still a Long-Term Buy, 7 Big Tech Stocks to Buy for Blockchain and Crypto Exposure, Exxon Mobil Stock Is Still a Buy and for the Right Reasons. In case it wasn’t evident by glancing at the chart, I’ll guide you along in today’s message with why buyers are returning to Facebook stock. Facebook stock echoed last week’s reversal pattern in the Nasdaq. Futures rallied over the weekend, and we’re set for a strong gap higher that will confirm and complete last week’s bottoming attempts. 1125 N. Charles St, Baltimore, MD 21201. If that pans out, the stock is still downright cheap now. All rights reserved. To some extent, the pandemic has helped Facebook by increasing the usage of its social networks. And Facebook’s management has made a fair share of missteps as well, while the pandemic has certainly impacted the advertising sector. The second is malignant and born of death-dealing distribution. However, the impact of these catalysts has been much stronger on certain companies than on others. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. But the two-day turnaround that carried us into the weekend was convincing for two reasons. Copyright © Nasdaq And he made that deal despite tremendous criticism of it at the time. If it does, you will capture the max gain of 75 cents. Buying the stock of a company with 11% earnings growth and a price-earnings ratio of 32 isn’t terrible, but it’s not an especially wonderful deal either. Real time Facebook (FB) stock price quote, stock graph, news & analysis. And as long as that is that case, Facebook stock should perform quite well. But, until then, it’s game on for buyers. Investors are thinking about that question in the wake of Facebook’s modest performance in 2020; while Facebook stock is up this year, its shares have trailed many of its closest rivals. I’m not convinced that the value of Facebook has grown significantly this year. However, the … Stock Island、益田市乙吉町ｨ102-7 - 「いいね！」460件 - 2020.10.1より営業時間変更となりました。 10:00-15:00 木 定休日 スタンタ ート な日常着から ちょっと背伸ひ したお洒落なｱｲﾃﾑもありますか お気軽に覗いて下さい But look at Instagram now. チームの情報を最も簡単に残せるツール「Stock（ストック）」へのログインはこちらから出来ます。これ以上なくシンプルなツールで、「Stock（ストック）」を使えば、チーム内の情報共有にストレスがな … And that’s fine; Facebook is a high-quality company with an excellent balance sheet and high cash flows. The Man Who Recommended 23 1,000% Winners Is Revealing His #1 Stock for 2020. With support successfully defended, I see no reason why we shouldn’t give bulls the benefit of the doubt here. No matter how you slice it, the bulls are back! Nasdaq The Man Who Recommended 23 1,000% Winners Is Revealing His #1 Stock for 2020. To minimize the damage, you could exit on a break of the $245 support zone or the short strike of $215. It breaks support zones and leaves trends shattered. Get Facebook (FB:NASDAQ) real-time stock quotes, news and financial information from CNBC. Real time Facebook (FB) stock price quote, stock graph, news & analysis. Article printed from InvestorPlace Media, https://investorplace.com/2020/09/the-compelling-case-for-buying-the-facebook-stock-dip/. Facebook stock echoed last week’s reversal pattern in the Nasdaq.Zuckerberg’s flagship held support and rallied convincingly into the weekend. The first is benign and born of mild profit-taking. quotes delayed at least 15 minutes, all others at least 20 minutes. Facebook, Inc. Class A Common Stock (FB) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. You’ll get the name & ticker of Matt McCall’s top pick when you tune in to his FREE event. Last week’s low terminated at the rising 20-week moving average, as well as an old resistance zone.
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