In today's edition of MarketFoolery, host Chris Hill and analysts Joe Magyer and Tony Arsta dissect Facebook's quarter. The guys tune in on the company's surprisingly strong showing in mobile, which sent shares higher and forced some naysayers to revisit their thesis.
However, Tony thinks many analysts have been too quick to claim success. In typical short-term fashion, he says, they seem to have celebrated a bit prematurely here. He argues that despite a relatively good quarter, Facebook still has a lot left to prove.
