Even though some investors might think that Facebook stock run is near to an end, but Anton Falk Capital Partners are still optimistic about it. Over the las year, FB stock price has risen over 50% bringing over $170 billion in the market capitalization in less than 10 months, almost as much as the entire Intel Corporation (NASADAQ: INTC) market cap.Thomas Grey said that “Facebook is dominant in social media, it’s increasing ad rates and it’s growing users, revenue, and earnings steadily. With a still-reasonable valuation, there’s more upside ahead for FB stock”, and added “Facebook has become so ubiquitous that its growth might be taken for granted, that would be a mistake. Revenue rose a whopping 47% in the second quarter. Earnings per share increased 69%. Daily active users were 1.32 billion—nearly 20% of the world’s entire population—and somehow still rose 17% year-over-year.”
The biggest risk to Facebook stock is maintaining that dominance over the competitors. There have been rumours that Facebook users are defecting to Snapchat, but Fb added nearly 200 million daily active users over the last twelve months, which is more than the entire total at Snap Inc.
“There are no more competitors to the throne, and no one to stand in the way of Facebook’s growth.”
For further information visit: [URL]https://www.antonfalk.com[/URL]