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Facebook (FB) stock hit a new all time high last week and rallied above $70. Facebook (FB) is expensive above $70 and the company now sports a market cap of $175 billion. Facebook (FB) is due for a correction but the stock may hit $75 first. I would not hold this stock into earnings in April at this high share price. Lofty expectations are already priced into the stock. We will be looking for trading opportunities in the Stock Picks Group for sure!
Also see - Top Stocks 2014 - Top Stock Gainers 2014