country flagالعربية

Facebook Fundamental analysis

2017-08-15 01:44 pm | Resource: | No Views : 1186

Facebook is one of the most important tech stocks, as it went to 170$ from 20$ in almost four years and the Facebook stock still has a strong possibility of further rising.

Facebook profits grew

The stock is skyrocketing above 100 and 200 moving average, as it is trading at 170$ at the moment, as Facebook posted strong second quarter results on 26/7, thanks to the significant rise of the profits of advertising which grew 47% year to year to about 9.16 billion dollar.

Facebook CEO ambitious plans

The growth is likely to last driven not only by the performance of the company, but also by the Facebook CEO Mark Zukberg ambitious plans to make the Facebook even more profitable, as Zukberg wants the company to accelerate efforts to make money off its messaging products .
"We just started putting ads on messenger, I want to see us moving even faster" said by Mark Zukberg.
so, do we expect the Facebook stock to rise ? , answer is yes, as it is supported with strong factors of fundamental analysis which lead to growth, and we expect the stock bounce and to reach 200$ in the next year.

Other analysis

Best Opportunities, Vision and Technical Analysis for The NASDAQ100 17 April 2019

We offer you the analysis of the NASDAQ 100 index on Wednesday , April 17, 2019 with the most important forecasts for the NASDAQ 100 index in the US market. Time frame Used - four hours The NASDAQ 100 is moving in a bullish direction in the near term. The Nasdaq 100 is still facing resistance and selling pressure around 7670 levels, forming a negative candlestick pattern as the indices…

More analysis

Best trading brokers

All Rights Reserved
Risk Disclaimer: Trading in foreign exchange market (Forex) includes the risks and the possibility of loss. That is why we are keen on providing the highest quality news and analysis concerning the different markets traded. The opinions expressed in the site indicate the opinion of the author only and not the views of the administration or the public, knowing that errors could be encountered and there is a possibility to commit them. Before starting to trade you should carefully consider your investment objectives, and review the level of experience and risk appetite. In some cases, possible high leverage can lead to loss of funds invested, so you can not invest money that you can not handle its possible loss. You should be aware of all the risks associated with foreign exchange trading and seek for advices from an independent financial advisor if you have any does not assume any responsibility after the occurrence of financial loss to the dealer and the user carries full responsibility for the losses resulting from the use of news, analysis and data on the site.