FB Market Cap exceeds INTC Corp by $10 Billion - how crazy is that? $130 B vs. $120 B
Very, very crazy! This is proof that the fund managers are very, very stupid. I wouldn't want them investing my money in a stock like FB. FB is still very new and hasn't proven its' fundamentals!! I don't think you can even compare INTC to FB but those are the numbers.
And in time the fund managers won't be able to get rid of FB because the stock will drop too fast...so fast that their heads will spin. That day will come.
Not crazy. Look at the growth in ad sales. And you ain't seen nothing yet. Monetization of Instagram... Further ways to monetize FB surely on the horizon. By next year Facebook's mkt cap might be double INTC. And it would be justifiably so.
Yes, it's crazy, I agree. FB is very risky stock although I'm currently long.
I also have to point out there are many crazier valuations out there. And INTC's future is not exactly rosy. My bet is INTC's market cap will be less than $100 B in a few years and maybe ~$50 in a decade or so.
Not really crazy. Think this way you are dealing with super turbo growth social network versus a utility type value stock like INTC. Wall Street is in different geneartion now. Look and think of AMZN, NFLX , LNKd and TWTR stocks. The latter are turbo growth stocks.