Are Investors Still Underestimating Facebook?
Facebook (NASDAQ: FB) reported its first-quarter earnings last week and blew away expectations across the board. But despite the great performance, the stock still trades at a discount to its tech peers such as Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), and Amazon (NASDAQ: AMZN).
Facebook has been plagued by plenty of negative headlines over the last year, including an advertising boycott and a potentially harmful iOS update. But with all the noise impacting the stock, now might be a great time for investors to examine whether or not the market is underestimating Facebook's potential.
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Source Fool.com
