Can Facebook Continue to Explode to the Upside?

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With shares of Facebook (NASDAQ:FB) trading around $58, is FB an OUTPERFORM, WAIT AND SEE, or STAY AWAY? Let’s analyze the stock with the relevant sections of our CHEAT SHEET investing framework:

T = Trends for a Stock’s Movement

Facebook is engaged in building social products in order to create utility for users, developers, and advertisers. People use Facebook to stay connected with their friends and family, to discover what is going on in the world around them, and to share and express what matters to them with the people they care about. Developers can use the Facebook platform to build applications and websites that integrate with Facebook to reach its global network of users, building personalized and social products. Advertisers can engage with more than 900 million monthly active users on Facebook — or subsets of its users — based on information they have chosen to share.

Facebook has acquired Indian startup Little Eye Labs to help strengthen its mobile strategy. It’s the first acquisition of an Indian company by the social networking giant. The Bangalore-based startup confirmed the deal on its official website. Little Eye Labs make a tool to analyze the performance of apps. The software helps Android app developers analyze, measure, and monitor their apps. They can estimate the app’s usage, network data consumption and memory, and visualize its behavior.

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