Saturday, July 11, 2020

FB stock: Facebook double price in next 12 months?


Here is the article.

At the same time, Facebook is also developing new products like Marketplace, Facebook Watch, Payments and Dating that have the power to make Facebook much more than what it is today, as those respectively compete directly with Craigslist and EBay, YouTube, PayPal and Match Group, businesses that represent hundreds of billions in market value. With a network of more than 2 billion users, Facebook can easily push into new businesses, and diversifying beyond advertising would be a wise move as it would limit its risk and give users another reason to engage with its platform.

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