The following video is from this week's MarketFoolery podcast, in which host Chris Hill, Mike Olsen, and Joe Magyer discuss the latest business news. Questions continue to swirl around the Facebook IPO as shareholders file lawsuits against Facebook and underwriting investment banks, including Morgan Stanley and Bank of America. In this segment the guys share why the IPO stumble won't harm Facebook in the long run and analyze what they believe to be Facebook's true challenge.
Despite being the largest company to IPO, Facebook still has the challenge of creating new ways to make money off the hundreds of millions of people who populate the site. We've created a new report, "Forget Facebook -- Here's the Tech IPO You Should Be Buying," which details a much better social media stock that has a longer runway for growth than Facebook. The report won't be available forever, so click here to get access today -- it's totally free.