Facebook FB Stock Forecast: Buy on the dip
- Facebook stock has gone nowhere since early 2018
- The inevitable controversies over data protection and safety of information on the platform have brought about a buying opportunity
- FB stock forecast – buy on the dip
- Facebook earnings continue to impress and add to its cash war chest
- Despite the enormous size of its network already, Facebook has fantastic revenue growth prospects
- I Know First Algorithm is currently bullish on Facebook
Facebook (FB Stock) does not need an introduction. It is the ubiquitous social network and has no competitors if one compares Facebook’s active user base to other social networks. Although the stock has almost quintupled since the IPO, when it comes to valuation, Facebook has become a victim of its own success. Thanks to hyped-up regulatory concerns which will not have a transformative impact on the business, medium to long term investors can take advantage of a buying opportunity and secure great growth for great value.
Despite all the regulatory concerns, controversies and the ‘delete
