For Immediate Release
Chicago, IL – September 17, 2018 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Facebook FB, Twitter TWTR, Alphabet GOOGL and Vishay Intertechnology VSH.
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Thursday’s Analyst Blog:
Facebook to Take Down Fake Photos, Videos After Articles
Facebookcontinues to take measures to curb spreading of hate, false content and misinformation on its platform. The social media giant recently announced that it will examine and remove false photos and videos. Earlier, its focus was only on articles.
Facebook, which has been severely criticized for Russian interference in 2016 U.S. Presidential election, is increasing its security measures to avoid a similar situation in the upcoming mid-term elections. The company is increasingly working with third-party partners to detect any form of misinformation with the help of Artificial Intelligence (AI).
Facebook will deploy a machine learning model to cross check information and detect any abnormalities on the platform, which is flooded with millions of photos and videos shared by its 2.2 billion monthly active users.
Facebook has 27 third-party fact-checking partners in 17 countries around the world. These partners have expertise in evaluating photos and videos as they are trained in visual verification techniques, such as reverse image searching and analysis of image metadata.
Facebook is also using optical character recognition (OCR) “to extract text from photos and compare that text to headlines from fact-checkers’ articles.”
Moreover, Facebook will allow users to flag content, which they think is inappropriate. Third-party partners will then decide if the content is accurate or not.
Can Facebook Succeed in Restricting Fake News?
Facebook is making significant investments to strengthen security on its platform. The company currently has 15K people working on security and content review and expects to expand it to more than 20k by this year end.
Facebook recently announced that it has removed 18 Facebook accounts, 52 Facebook pages and one Instagram account related to Myanmar military officials who were responsible for spreading false information related to the minority Muslim community.
Moreover, the social media giant was successful in removing more than 270 accounts and pages operated by the Russian organization, Internet Research Agency (IRA), which were aimed at influencing the 2016 U.S. presidential election.
Facebook’s efforts to plug security loopholes as well as limit fake news will eventually boost its trustworthiness. Although the company’s focus on building a strong “community” can hurt engagement over the next few quarters, the steps will expand its user base over the long run.
Facebook Continues to Face Flak from the Government
Even after all the efforts to curb fake news, Facebook along with Twitter and Alphabet’s Google continue to be under pressure.
Recently, Facebook’s COO Sheryl Sandberg testified in front of members of Congress about the company’s role in the proliferation of fake news and the company’s efforts to stop the spread of misinformation on its platforms.
Additionally, the social media giant has received warning from the Indonesian government that if any allegations similar to the Cambridge Analytica data breach surface during the upcoming elections, the application will be stopped in the country.
Despite all the roadblocks this Zacks Rank #4 (Sell) company is facing, we believe that Facebook’s continuous efforts to increase transparency by limiting the spread of misinformation will eventually boost user confidence, thereby positively impacting its top line.
Stock to Consider
A better-ranked stock in the broader computer technology sector is Vishay Intertechnology, sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Long-term earnings growth for Vishay is projected to be 9.2%.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>.
Follow us on Twitter: https://twitter.com/zacksresearch
Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Zacks Investment Research
800-767-3771 ext. 9339
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Facebook, Inc. (FB) : Free Stock Analysis Report
Alphabet Inc. (GOOGL) : Free Stock Analysis Report
Twitter, Inc. (TWTR) : Free Stock Analysis Report
Vishay Intertechnology, Inc. (VSH) : Free Stock Analysis Report
To read this article on Zacks.com click here.