Is Facebook Stock Still a Buy?
Last week, Facebook (NASDAQ: FB) showed investors that just because it's already one of the biggest tech companies in the world doesn't mean it can't put up impressive revenue growth numbers. The company's 48% top-line growth rate absolutely obliterated analysts' expectations.
While Facebook shareholders were likely pleased with the stock's big move higher following its earnings report, the growth stock's 8% gain last week means that investors buying the stock now have to pay a greater premium to own shares of this high-quality company. Is the stock worth its higher price tag? Even more, could shares still be a compelling opportunity at this level?
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Source Fool.com
