Is Facebook Stock Still a Buy After Surging Higher?
Facebook (NASDAQ: FB) stock has surged this year, climbing 33% year to date. This crushes the S&P 500's 19% gain over this same period.
Of course, there's been good reason for investors' growing bullishness for the stock. The social media company's advertising business has seen incredible momentum and Facebook's top-and bottom-line quarterly results keep easily beating analyst estimates.
But has the stock's big move higher made it less attractive, to the point that investors shouldn't be buying at this level?
Source Fool.com
