Is Facebook a Buy Below $20?
In the past few weeks, several high-profile growth stocks received some significant haircuts, none more so than social-networking darling Facebook. The company's stock recently flirted below $20 a share, nearly half its value when the company first came public. Is Facebook now a buy at these lower ranges? Watch the following video to find out.
After the world's most-hyped IPO turned out to be a dud, most investors probably don't even want to think about shares of Facebook. But there are things every investor needs to know about this company. We've outlined them in our newest premium research report. There's a lot more to this company than meets the eye, so read up on whether there's anything to "like" about it today, and we'll tell you whether we think Facebook deserves a place in your portfolio. Access your report by clicking here.
The article Is Facebook a Buy Below $20? originally appeared on Fool.com.Andrew Tonner and Austin Smith own shares of Baidu. The Motley Fool owns shares of Baidu, Facebook, and MercadoLibre. Motley Fool newsletter services recommend Baidu, Facebook, and MercadoLibre. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.