Thursday, April 21, 2016
Stock Picks - Group Blog
Overall, based on financial data and current events, the Facebook stock, FB, is a good investment. The opening price for April 21, 2016, is $112.55, at 1:35 the price of the stock was $113.80. The 52-week range was $72.00-$117.59 The lowest in the last 6 months was $94.16 and it was on January 21, 2016. Thus, in the past 6 months the stock is on the rise reaching close to the 52week high. Another reason why Facebook is a good buy is according to financial analyst Daniel Sparks, a contributor to financial magazine Motley, he is expect another big first quarter for Facebook (sparks 1). In addition, "the total revenue has soared a 116% from the quarter a year ago."
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