It's been one heck of a ride for owners for social networking dynamo Facebook (NASDAQ:FB) since its public debut. After tanking out of the gates, the company's stock has finally recouped its initial losses, largely on the strength of its monster earnings blowout in Q2. Now coming off a July where the company's stock rose nearly 50% in a single month, Facebook is undoubtedly one of the hottest tech companies on the market today. However, is it still worth a look from investors that didn't snag some share before its run-up? In this video, tech and telecom analyst Andrew Tonner discusses why, although business is booming like never before, Facebook still might not be a buy today.
- Aug 8, 2013 at 4:51PM
- Technology and Telecom