Does Home Make Facebook Stock a Buy?

By Tim Beyers – Apr 24, 2013 at 7:00PM

NASDAQ: META

Meta Platforms

Market Cap

$1,121B

Today's Change

(-10.56%) -$52.12

Current Price

$441.38

Price as of April 25, 2024, 4:00 p.m. ET

A Computerworld survey shows two-thirds of tech managers don't like the idea.

If knowledge is power, the war for data is the biggest power grab in the history of the world. Facebook (META -10.56%) is doing everything it can to win. But even that may not be enough.

According to trade magazine Computerworld, which conducted a quick poll after its release, tech managers aren't impressed with Facebook's Home app layer. Roughly two-thirds said they don't want Facebook "or anyone else" taking over the smartphone interface.

And that's important, says Tim Beyers of Motley Fool Rule Breakers and Motley Fool Supernova. If serious business users who gravitate to the likes of BlackBerry's (BB -3.14%) handsets eschew Home, then there's little chance of the social network seriously disrupting Google's (GOOGL -1.97%) mobile strategy.

What do you think of Facebook Home? Please watch the video below to get Tim's full take, and then leave a comment to let us know whether you're using the app, and if so, what benefits you're getting.

Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team and the Motley Fool Supernova Odyssey I mission. He owned shares of Google at the time of publication. Check out Tim's web home and portfolio holdings or connect with him on Google+, Tumblr, or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.

The Motley Fool recommends Facebook and Google. The Motley Fool owns shares of Facebook and Google. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.