|Bid||0.00 x 1000|
|Ask||63.50 x 1100|
|Day's Range||59.10 - 59.63|
|52 Week Range||47.83 - 59.63|
|PE Ratio (TTM)||18.91|
|Beta (3Y Monthly)||0.90|
|Expense Ratio (net)||0.47%|
Facebook has gained nearly 21% over the past three months. The strength is expected to continue given that Facebook has a reasonable chance of beating earnings estimates this quarter.
Though Google parent Alphabet reported strong fourth-quarter 2018 results topping both revenue and earnings estimates, higher-than-expected spending sparked investors' concerns over the future return on investment.
As Facebook cheered Wall Street with robust fourth-quarter 2018 results, ETFs with higher allocation to this firm are poised to surge.
Facebook added strong earnings and revenue as friends following the close of Wednesday’s market session as the social media company bested Wall Street’s expectations. Shares of Facebook soared as much ...
2018 saw the retooling of the telecom sector into the communication services sector. Communication services companies include major telecommunications networks like AT&T and Verizon, as well as several of the FAANG stocks, The Walt Disney Company and more. Indeed, the S&P Communication Services Select Sector, the first benchmark index for the new sector, returned more than 143% for the year through May 16, 2018.
In the wake of declining shares and reduced investor confidence, Facebook CEO Mark Zuckerberg is taking on a more aggressive management style in an effort to prop up the social media giant as shares fell 5% on Monday, while exchange-traded funds (ETFs) with the heaviest Facebook allocations faltered. The Communication Services Select Sector SPDR Fund (XLC) fell 2.12%, Vanguard Telecom Services (VOX) was down 1.96% and the iShares Global Telecom (IXP) slid 1.48%. In addition, the Global X Social Media ETF (SOCL) stumbled 2.78%.
David Aurelio of Thomson Reuters is very helpful in getting good sector information on the Thomson Reuters IBES data on the 11 SP 500 sectors. David has never failed to deliver when asked a question. Recently this blog asked David about the coming ...
What Will Drive American Tower in 2018? American Tower (AMT) has grown its communications real estate portfolio through acquisitions, long-term lease arrangements, and site development since inception. By the end of 2017, American Tower signed deals to acquire tower businesses from Vodafone India Limited and Idea Cellular Limited.