Should You Buy Facebook on Day 1?
Should you try to buy Facebook on its first day as a publicly traded stock? That's one loaded question. One on hand, investors have never quite seen anything like Facebook. The company revolutionized the idea of social networks. (Happy trails, MySpace!) It has an installed user base quickly approaching 1 billion. It's cool. Not exactly a bad gig.
But on the other hand, with that cool factor comes excitement, and with excitement can often come an overpriced stock. That's where we find ourselves today, staring down the proverbial fork in the road. So should you try to get your hands on some Facebook shares tomorrow? Watch the following video and find out.
With the noise surrounding Facebook reaching almost a deafening roar, it's almost too easy to get caught up in the fray. However, there are some other opportunities in technology, even social networking, whose returns could blow Facebook out of the water. To hear about one social-networking stock that investors should consider before Facebook, check out our free report. It's totally free, so access your free copy today.
At the time this article was published Fool tech analyst and editor Andrew Tonner held no financial position in any of the companies mentioned in this article. You can follow him atTwitterat@AndrewTonner.Motley Fool newsletter serviceshave recommended buying shares of General Motors and eBay. The Motley Fool has adisclosure policy. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. Try any of our Foolish newsletter servicesfree for 30 days.