In Thursday's edition of Motley Fool's Stock of the Day, Motley Fool analyst Michael Finarelli and host Matt Trogdon discussed Facebook 's (NASDAQ:FB) blowout quarter. The social media company saw overall revenue climb 61% and saw major gains in active users and mobile active users.
Finarelli likes the company because of it's "low-cost business model" and "super-engaged user base." Still, he doesn't think it's a "screaming buy" today.
"I wouldn't be surprised to see better buying opportunities in the not-to-distant future," Finarelli said. Watch the video below for more insights.
Leaked: Apple's next smart device (warning, it may shock you)
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Matt Trogdon has no position in any stocks mentioned. Michael Finarelli has no position in any stocks mentioned. The Motley Fool recommends Facebook. The Motley Fool owns shares of Facebook. Try any of our Foolish newsletter services free for 30 days. 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.