Facebook Stock Predictions: Why You Should Go Long Facebook Right Now
The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.
FB Stock Prediction
Summary:
- Mark Zuckerberg’s decision to pour advertising on Messenger is a compelling reason to go long FB right now
- Zuckerberg is taking a different approach than Tencent’s WeChat. Facebook’s core strength is always been in advertising.
- Facebook has tried to imitate some of WeChat’s best features like payments and gaming features but Zuckerberg decided that ad placements is still the best way to monetize Messenger.
- Messenger’s peer to peer money transfer and Instant Games will remain free to retain loyalty of users. Games are also a great way to increase time spent on Messenger.
- FB has positive near and long-term algorithmic forecasts from I Know First.