Over the next couple of weeks, John and David will be reviewing their real-money 10-Bagger portfolio. In this video, they take a closer look at Facebook.
There certainly hasn't been a dull moment since Facebook went public. The financial press appears to love watching the stock price tick down, down, down. From a business standpoint, John and David don't think people give the company enough credit. Facebook generated almost $1 billion in ad revenue in its most recent quarter, and continues to position itself well against traditional search advertisers Google and Yahoo! by using a connected approach. Facebook continues to invest in is developer platform, similar to the way Amazon.com opened its distribution system to outside merchants. And let's not forget mobile, which is beginning to gain traction. We actually own both Facebook and LinkedIn, since we think they will both do well. We are considering another small position right now, but will likely wait until after the November lock-up expires.
Not everyone shares John and David's optimistic outlook on Facebook. For another perspective, check out our newest premium research report. There is a lot more to this company than meets the eye, so read up on whether there is anything "like" about it today. We'll tell you whether we think Facebook deserves a place in your portfolio. Access your report by clicking here.
