Facebook: Don't 'Like' Its Stock Price
by Sacha May
Introduction:
After Facebook's (FB) latest quarterly report, much of the investing community has flipped sides on the long-short battle. Somehow, stronger than expected revenue and strength in mobile have changed most headlines about the company from screaming "overvalued" to preaching a growth or value opportunity. The cumulative gains chart below clearly reflects this shift in sentiment. Since its quarterly report, Facebook has gone from barely returning 12% in the past 12 months to returning over 50%. read more »
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