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Is FB going to get to Google level? Earnings continue to outperform

Posted on 1/29/16 at 3:43 pm
Posted by Dodd
Member since Oct 2003
21048 posts
Posted on 1/29/16 at 3:43 pm
Stock is up 15% over last few days. These guys are killing it in terms of outperformance.

Can it get to $300-400 share over next few years?
Posted by L S Usetheforce
Member since Jun 2004
22763 posts
Posted on 1/29/16 at 4:07 pm to
Not likely unless they continue to expand the platform. Google is the business of maps, search engines, phone sales, phone platforms, etc.

Facebook has done a good job of integrating but I don't see them advancing into that many sectors.
This post was edited on 1/29/16 at 4:08 pm
Posted by TigerDeBaiter
Member since Dec 2010
10266 posts
Posted on 1/29/16 at 4:15 pm to
I suspect much of the increase in earnings is coming from Instagram. Not sure if they break it out as I don't follow (no pun intended) FB.

Either way, Instagram is probably canabalistic to FB and is probably pretty saturated too. Just don't see the long term growth to get them to the $300-400 range. They are doing a decent job now, but is valued for tomorrow (wayyy) already.
Posted by lynxcat
Member since Jan 2008
24149 posts
Posted on 1/29/16 at 4:42 pm to
Facebook will continue buying companies and latch that functionality into its core (while keeping the acquisition as a separate offering as well).
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119166 posts
Posted on 1/29/16 at 9:02 pm to
I hope so. Bought some in the low $90's. I don't do facebook myself, but I do hope for good results on the stock price. Google level? Nah.
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72653 posts
Posted on 1/29/16 at 9:49 pm to
I bought FB right after the IPO. wish I had bought more shares now. Over 100% return so far!
Posted by Beerinthepocket
Dallas
Member since May 2011
853 posts
Posted on 1/30/16 at 12:55 pm to
Facebook is much more than a social network, it's very deserving of its $300 billion+ market cap.
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