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Why Facebook Stock Could Continue to Reach New Highs

Sean Allen
Why Facebook Stock Could Continue to Reach New Highs

Facebook (FB), like most FAANG1 stocks, is trading at all-time highs. Facebook has a market cap of over $600 billion and is the fifth public company to have breached that mark. If not for Instagram, which is expected to be a major revenue growth driver in future years, analysts would probably not be so bullish on Facebook.