Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Why Facebook, Inc. Gained on Thursday

While Fools should generally take the opinion of Wall Street with a grain of salt, it's not a bad idea to take a closer look at particularly stock-shaking upgrades and downgrades -- just in case their reasoning behind the call makes sense.

What: Shares of Facebook, Inc.  (NASDAQ: FB  ) climbed 2% this morning after FBR Capital initiated coverage on the social-media gorilla with an outperform rating.

So what: Along with the bull call, analyst William Bird planted a price target of $60 on the stock, representing about 30% worth of upside to yesterday's close. While value investors might be turned off by Facebook's share-price surge since the summer, Bird believes there's plenty of room to run given the company's still-juicy growth prospects and strong operational progress of late.

Now what: According to FBR, the stock is set up nicely for solid near-term gains. "FB is an investment in a large-scale datarich platform run by a group of highly innovative people who are likely to continually develop more ideas for improving engagement and monetizing it," FBR noted. "While no one really knows how big Facebook can be, we believe it has significant greenfield opportunity in front of it, it is gaining traction with marketers, and its pricing is inflecting." So while conservative investors should probably maintain their distance, Facebook shares remain an intriguing opportunity for more enterprising Fools. 

More great growth opportunities
Tired of watching your stocks creep up year after year at a glacial pace? Motley Fool co-founder David Gardner, founder of the No. 1 growth stock newsletter in the world, has developed a unique strategy for uncovering truly wealth-changing stock picks. And he wants to share it, along with a few of his favorite growth stock superstars, WITH YOU! It's a special 100% FREE report called "6 Picks for Ultimate Growth." So stop settling for index-hugging gains... and click HERE for instant access to a whole new game plan of stock picks to help power your portfolio.

Read/Post Comments (1) | Recommend This Article (3)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On November 22, 2013, at 11:36 AM, shab05 wrote:

    It has realistically maxed out without doing much improvements in service for last 1 year, except that it had forced people to advertise in mobile platform. More than creating innovative service, and diversifying, it is concentrating on buying companies which can kill their market. It spreaded loads of rumor last year and nothing has happend so far. When it falls again, it will again spread loads of rumor and even that wont happen. Since it has maxed out and falling slowly, it may not be far to even fall drastically.

Add your comment.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2737839, ~/Articles/ArticleHandler.aspx, 9/29/2016 1:08:34 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 3 hours ago Sponsored by:
DOW 18,339.24 110.94 0.61%
S&P 500 2,171.37 11.44 0.53%
NASD 5,318.55 12.84 0.24%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/28/2016 4:00 PM
FB $129.23 Up +0.54 +0.42%
Facebook CAPS Rating: ***