Is Facebook A Buy?
Facebook's (NASDAQ: FB) stock has taken a big hit in the past few months as the COVID-19 pandemic has many advertisers reining in their spending. But with share prices well off their 52-week high of $224.20, the stock is in bargain territory.
That's not to say the tech giant's stock couldn't fall further as the pandemic spreads and Facebook reports its first-quarter results. But over the long haul, this social media giant will be just fine, making the stock a compelling buy at current price levels.
Let's look at three reasons why.
Source Fool.com
