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.