FB - Facebook: You'd Be A Fool Not To Buy The Dip
- Shares of Facebook have fallen inexplicably after reporting Q4 results, creating a buying opportunity in this solid-performing stock.
- Facebook continues to touch all corners of the globe, with daily active users climbing at a steady 11% y/y pace.
- Signaling confidence in its stock, Facebook also bolstered its buyback program by $25 billion, leading to ~$34 billion in current authorizations or about 5% of its market cap.
- The company trades at a relatively cheap 24x forward P/E, and even less when considering Facebook's substantial cash pile.
For further details see:
Facebook: You'd Be A Fool Not To Buy The Dip