Wall Street Clicks the "Like" Button on Facebook's Stock
In this video from Thursday's edition of Investor Beat, host Chris Hill, and Motley Fool analysts Jason Moser and Matt Koppenheffer, sift through the market headlines to bring investors the top stories of the day.
Shares of Facebook hit another new all-time high today after fourth-quarter profits came in higher than expected. Mobile ad revenue, which was virtually non-existent when Facebook went public, now makes up for 53% of the company's total revenue. In the lead story on today's Investor Beat, the guys discuss Mark Zuckerberg's role in Facebook's amazing turnaround, what the company may do with the $11 billion in cash on its balance sheet, and the potential for the company and the stock in the future.
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The article Wall Street Clicks the "Like" Button on Facebook's Stock originally appeared on Fool.com.Chris Hill has no position in any stocks mentioned. Jason Moser has no position in any stocks mentioned. Matt Koppenheffer has no position in any stocks mentioned. The Motley Fool recommends Facebook. The Motley Fool owns shares of Facebook. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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