When was the last time you read anything negative about FB that could potentially stall them in their tracks?
Frankly, I'd have to go way back post-IPO when the stock traded for less than $20 and barb throwers were as common as cats and dogs.
Since then, FB's PPS path has been streaming upward quarter after quarter. Sure, there are those who question the current PE, but heck it took Amazon about ten years before they even got a PE number. Prior to that they were losing money. Yet, the stock continued to climb nevertheless. And everyone knows that when we look at trailing earnings, FB's PE is in the 35 range, certainly an acceptable number for a growth stock.
So what are we investing in with FB? Perhaps the better question is "who" are we investing in with FB?
If anyone doubts mark Zuckerburg's visionary talents after all he's accomplished to date, they must be living on Pluto.
What I like most about FB is that it has already buried its social media competition. The one platform that posed a serious threat (Instagram) was wisely acquired years ago for what can now be correctly labeled a "song". Who now dares to take on FB? A few of the lesser-lights might survive (TWTR e.g.), but their market share pales in comparison to FB and its in-house platforms.
Going forward, and really that's where all of us need to be focused, FB, as more and more people around the world gain internet access, is and will continue to be social media's 900 pound gorilla. In short, FB is a money printing machine only topped by search engine GOOG in ad revenues.
And perhaps most important, FB's brand (Facebook) is going to be to the word internet what Kleenex is to tissues, Xerox is to copying and Coke is to cola based drinks, thus assuring a steady stream of cash flow and higher earnings.
Finally, over the final four years of this decade, and I think sooner than late, FB is going to earn in excess of $5 per share. That alone ought to make us a $200 stock.
And what does Cuba have to do with ONVO's prospects? Take your political opinions to a site more suited to such ramblings.
As for Canadians trashing our prez, we'd dis yours but we don't have any idea who he is!
Well put. By now, everyone should know the danger of putting too much value on a stand-alone stat.
In other words, if all you look at is FB's PE, the pps appears to be high. But there are a lot of other stats produced by a stock, and one must look at each and eventually incorporate all stats to make a value judgement.
It's no different that what the sport of baseball has seen occur over the past dozen years. There was a time when, if a batter hit .300, he was accorded star status on that stat alone. But as the analytic-minded GM got introduced to the game, they discovered that valuing a player on just one stand-alone stat was foolhardy. Thus, today, you'll see players hitting twenty or thirty points lower than .300, but making a lot more money and a lot more all-star teams than a player who only has one stand-out stat like a .300 batting average because they offer a team much more than just a good batting average. To wit, who would you rather have as your lead-off hitter, Matt Carpenter (St. Louis) or Ben Revere (Toronto)? Note: You can Google their stats and the answer will be (IMHO) oh-so obvious.
So it is with FB. If you look at all the stats combined, you find a gorilla-like player in social media that
heretofore is unchallenged for supremacy in its field because it has a lot more to offer investors to digest than just a simple PE.
One pundit suggests CLVS will trade in the teens before year's end. Ouch! As a matter of fact; Double Ouch!
If that happens, and assuming no other negative news comes out of the FDA, I can easily see this stock skyrocketing on even the slightest iota of positive news ( vis-a-vis; Outcomes ).
Wouldn't sell now. Best advice is to hold, hope and harvest the rewards.
They are on pace to do that, and if it indeed comes to pass, that means FB's PE would only be around 30.
Of course, FB isn't going to trade for that low of a multiple any time soon. Thus, I think we can safely assume FB becoming a $150 stock at minimum, and maybe a lot more.
Firmly believe anyone buying FB in and or around $100 will be much rewarded as the years unfold.
Seems to be Zuck's MO; get 'em hooked before introducing ads. have to agree with him. Once you like something, it's less likely you'll leave because of an ad showing up here or there.
Never understood the aversion to ads. They have become such a big part of our lives, it is truly an issue that is way over blown in terms of agitation. Every TV show,radio program and magazine I patronize have ads. Somehow they haven't scarred or inconvenienced my life.
Still, I understand Zuck being patient. When you have 30+ billion cookies in your personal cookie jar, you can afford the luxury of time.
love: Well, no matter what you're selling, can't do any better than "Sold Out". I truly have huge hopes for FB's future. Oculus is a big part of that. And I'm sure Zuck will find a way to make big bucks off Instagram, WhatsApp and Messenger, as well.
Thanks for the sage, and no doubt well researched, info. I can't wait to dump this dog. Take no offense, but I think I'll wait until it's well over $300 before I sell. You, on the other hand, can go away now. Can't imagine your next FB posting can top this one. There's an old adage in show biz that says not to stay on the stage too long. Take that advice and move on. No doubt someone like Goldman Sachs will pay you mega cheese for your erudite opinions. Good luck, and remember us, the little people, when you retire with zillions.
No time to give up on CHK. PPS will probably fall into the threes before year's end. When it does, I'd load up and wait out the energy mess. Sooner or later the price of oil will rebound. It always has. In the meantime, ya gotta love those sub-$2 per gallon prices at the gas pump. I paid $1.88 in New Jersey this past weekend and they pump the gas for you! can't beat that. Doubt we'll see pump prices below $1.65 before the rebound begins.
Keep the faith. painful now, but we'll be OK down the road. Good luck to all CHK longs.
Starting today witth Black Monday and continuing all through the Christmas shopping season, FB ought to be reeling in tons of dough selling ads. Also, will be anxious to see how sales go for Oculus when it is introduced shortly.
This is gonna be a slow week for WS in general, but I can see FB kissing $110 by week's end. FB just has way too many good things going for itself not to advance further.
Buy and hold and you will be rewarded.
.........has CHK been beaten down so badly that it is now a prudent speculative buy? I think for risk aversion investors, they should move on from CHK. Way too many uncertainties to contend with over the next 12 to 18 months.
But for investors with more of a riverboat gambler's mentality, CHK could pay off handsomely if it can manage to stay afloat during this energy downturn. It really is hard to conceive the pps falling much further. Of course, I felt the same way when it broke through $10 and into the single digits.
I know it shouldn't be the case, but I believe veteran and financially sound pharmas like J & J get some slack from the FDA when it comes to approvals. A neophyte biotech could produce the same results as a J & J only to be rejected by the FDA. Thus, I think any comparisons to a firm like J & J is froth with caveats.
AGIO, to advance back into the $80s needs to announce positive Phase III results that lead investors to believe that an FDA approval is just around the corner.
swamp: Obviously, I have no inside info. But entering China is just the natural progressive next stop. I'm sure the Chinese government will have a few restrictions on FB, but nevertheless, China offers a terrific opportunity.
Plus, I think Zuck has acquitted himself with their leaders. Learning their language had to impress them.
scagani: Well said. FB didn't proximate Oculus on campus just to have it take up space. Market for VR and Artificial Intelligence (AI) is extraordinary.
Truly hope readers on this board checked out the article in today's USA Today. Future plans, projects and platforms are amazing. And the good thing about what FB eventually wants to do is all the pieces complement and feed off one another.
Finally, FB and China are going to strike a deal shortly. Revenues and earnings are going to soar once that happens.
love: You mean one day I can dress up like Joe Montana and throw Super Bowl touchdown passes 'till my heart's content? I could be Micky Mantle, Wayne Gretzky and Michael Jordon on any given day? Now that would be something.
In the meantime, per the USA Today article, FB has plenty of other good things in store for us long before 2025. I agree with most of the posters who predict a $150 stock. Probably gonna happen in the next year or so. Maybe sooner?
top: Hope you are wrong about RNN, but have to admit your post has merit. I'm long RNN at .30. Should have sold over a year ago when it hit .90, but was too greedy and had visions of the pps returning to the $3+ level it once enjoyed.
Right now, I view RNN as a scratch-off lottery ticket. Probably not going to be a winner, but I ain't throwing it away until all the numbers are exposed.
Square's IPO price was originally scheduled to be in the $12 are. It went off at $9. More troublesome is the fact that early investors once pegged Square's valuation at slightly more than $6 billion. It's now a tad below half than number ($2.87 billion).
Does this portend Dorsey once again will be ousted by his BOD (Square's i.e.)? Seems to me Dorsey is a good idea man, but he falls way short when it comes to marketing and monetizing his ideas.
JMHO, but I don't think Dorsey is the guy we want heading Twitter. I'd say that even if he weren't trying to serve two masters at the same time.
Urge everyone to read the article about FB's futuristic plans as outlined in today's USA Today (Page 4B). Special focus was paid to Oculus, and the author's take on Oculus' future pretty much aligned with what I've been posting about it for over a year: To wit, gaming is the initial stop on the train, but education, healthcare and enhanced social interactions. Pretty cool stuff.
In short, in ten years or less, FB is going to be so much more than what it was in that Harvard dormitory room and what it is today. The article is IMHO a worthwhile read for all FB longs.