Facebook: Well-Positioned For Long-Term Hold

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About: Facebook, Inc. (FB)
by: Tech Junkie
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Tech Junkie
Value, Growth, Biotech, Tech
Summary

Facebook had an abysmal 2018 year which was rocked by the Cambridge Analytica data scandal and the largest one-day loss in market value by any US company.

Its stock price has rallied in 2019 with a 56% gain.

The company is expecting decelerating revenue growth in Q4 2019 and 2020, but I remain extremely bullish on their long-term prospects.

Introduction

Investors of Facebook (FB) have gone through a roller-coaster ride since 2018 with the Cambridge Analytica data scandal and the largest one-day loss in market value by any US company. Since then,