Would you bet on it? What is stopping the stock? Edit : Please consider all products under the FB umbrella before dismissing it 🙂 Whatsapp, Instagram, Occulus and features like Market Place, Shops etc
Easy - shitty product
Been wondering this as well
Don’t think so
Nope, FB is ripe for a mass exodus, just needs someone to lead the charge.
lol cisco
Nah Cisco is right. A new viral social media platform and FB is toast.
Nope
FB will grow double digest, much more attractive stock that Apple or overpriced TSLA
Lol
While I see immense potential in Facebook but for the past year or so I see more and more coordinated efforts to make it harder for Facebook to keep on targeting ads as effectively as they do currently. Be it tracking opt-in from apple, similar changes in Firefox, Microsoft edge and from the regulations standpoint acts like CCPA which went into effect in California from July 1. Another act CPRA may likely be enacted sometime next year. And these regulations will keep increasing around many more states as well as many countries. This should technically make it lot harder for Facebook to go back to 25%+ growth rates unless shopping takes off on Instagram and Facebook Reels becomes a standout success. With all these risks, I may very well significantly trim down my position in Facebook which I would not do in absence of such strong regulatory headwinds against it from all around the world.
Forget ads, I see quite a few people who were regulars on Facebook have turned it off practically. FB will need to diversify into other areas. In terms of stocks, who knows? Logic doesn't work in stock markets; only short term moves. We're near a short term top for FB. It could go up to 300 in a spike, but quite likely to see below 200 soon.
Instagram and WhatsApp doesn’t look promising?
All such apps have to consolidate. There is no moat for FB.
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