3 History-Making Stocks
Most companies just aim to compete, profit, and win -- a very few totally change the game. Social media giant Facebook (NASDAQ: FB) has altered how nearly 2 billion people spend their idle time; e-commerce will never be the same thanks to Amazon.com (NASDAQ: AMZN); and global diversified manufacturer Dover Corp. (NYSE: DOV) may not be a household name, but its incredible string of dividend hikes has set it apart from its peers. Read on to learn why these three stocks have become history-makers.
Tim Brugger (Facebook): It's been more than five years since Facebook went public, yet it is still growing every quarter like a blazing hot upstart. Its 51% jump in advertising revenue last quarter to $7.86 billion was impressive, as was its jaw-dropping 49% increase in total revenue to $8.03 billion. But both of Facebook's top-line results pale in comparison to its history-making popularity.
Believe it or not, there were pundits who voiced concerns a couple of years ago that user saturation would eventually hamper Facebook's extraordinary growth. As it turns out, those concerns were unfounded, to say the least. Last quarter Facebook reported a 17% increase in monthly average users (MAUs) to a mind-boggling 1.94 billion.
Source: Fool.com
Amazon.com Inc. Stock
With 161 Buy predictions and 3 Sell predictions Amazon.com Inc. is one of the favorites of our community.
With a target price of 196 € there is a slightly positive potential of 6.13% for Amazon.com Inc. compared to the current price of 184.68 €.