|Bid||164.21 x 200|
|Ask||164.32 x 2000|
|Day's Range||162.81 - 165.00|
|52 Week Range||113.55 - 165.70|
|PE Ratio (TTM)||41.83|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Yahoo Finance's Alexis Christoforous, Myles Udland and Andy Serwer discuss the S&P 500 info-tech sector passing a mark set in the dot-com era.
Shares of Facebook Inc (NASDAQ:FB) lifted another 8% over the past week and a half, pushing it to fresh all-time highs and to a stunning year-to-date performance of 43%. As a reminder and so you know, I am a bull on Facebook as a company as well as its stock price through the intermediate- to longer-term lens, and the nearer-term trading ideas in FB stock have little to do with my longer-term fundamental view in the company. The key theme in FB stock to me at present is that it trades well above its up-trending channels in both the longer- and nearer-term time frames, and thus any further rally, especially an up-gap following next week’s earnings report, would be an opportunity to “fade” the stock, i.e.
Unicorns are mythical creatures that have piqued the interest of man for centuries. You must stay away from companies that are overvalued, as too often the American public becomes some collective patsy for the elites of Silicon Valley and Wall Street.