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Friday, December 20, 2013

Facebook (FB) Stock Analysis 12/23/13 December 23, 2013

Facebook (FB) Stock Analysis 12/23/13 December 23, 2013 -

 
 

Facebook (FB) stock continues to rise even after the strong insider selling announced this week.  Facebook (FB) is a sell into earnings because I don't believe the valuation support the high stock price.  FB is now a 135 billion company and I just think growth will slow in the coming years.

Buy Facebook (FB) on a drop below $46 if earnings disappoint or buy YELP.

FB will have resistance at $56.

Also see - Top Stocks 2014 - Top Stock Gainers 2013



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