Happy new year, everybody!
Last quarter I published an article on Facebook, claiming it was undervalued by at least 25%. Since then, the stock is up ~10%, slightly outperforming the S&P500 during the same period, by around a 2% margin. I intended to be very prudent back then and didn't want to be overexcited. After all, FB is a controversial stock, and I could have easily been miserably wrong. However, considering the market's treatment regarding growth stocks and FB's stellar financials, I feel strongly that the stock is criminally undervalued.
A note
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