Where Will Facebook Be in 1 Year?
Facebook (NASDAQ: FB) seems to always be coming under fire, ever since data privacy concerns started bubbling to the surface early last year. Last week wasn't any different, with co-founder and CEO Mark Zuckerberg getting grilled at a hearing on Capitol Hill. The odd footnote is that Facebook stock itself is also coming under fire, but in a good way. The shares are hot in 2019, up 43% so far this year.
Facebook has been climbing a social wall of worry this year, even as critics of the social networking giant grow louder and the #deleteFacebook movement gains traction. The parent company behind Instagram, WhatsApp, Oculus VR, and its namesake social networking juggernaut is finding ways to grow its audience and -- perhaps more importantly -- its ability to cash in on the masses.
Facebook is doing just fine now, but let's see how the year ahead will play out for both the controversial dot-com and its investors.
Source Fool.com
