Find Out If The NASDAQ FB Stocks A Good Buy

NASDAQ is a stock and securities exchange based in New York. It was the world’s first stock market to be completely electronic. The original plan before the company was established in 1971 was to build an online exchange platform to buy and sell securities without having to meet up physically. It is the second-largest market in the world today. Also known as NASDAQ Composite, the exchange contains over 3000 stocks. If you are interested in the trade of securities, NASDAQ has many options for you. It attracts many companies that are oriented with technology and growth like Facebook. Let’s learn more about NASDAQ: FB at https://www.webull.com/quote/nasdaq-fb .

Facebook

Facebook is a highly popular social networking site. To say that Facebook changed the face of social media would not be an exaggeration. It was originally designed for college students in 2004 but it is now used by people of all ages all over the world. It is the perfect place for one to share images and text posts about their life, their feelings, and more. You can see how your friends are doing, like their images, and comment on them. You can also talk to your friends and family on the messaging app and rekindle with people you once knew.

Stock Summary

NASDAQ is home to the stock and security exchanges of many leading companies like Facebook. NASDAQ: FB deals with all the stock trades of Facebook. The stock price of the company as of 07 October 2020 is $258.66. The previous close was for $265.65. The high end of the stock price is $265.69 and the low end is $258.24. The 52-week high of the company was reported to be $304.67. The current volume is 18,044,003 and the average volume is 23,979,503. The market cap of the company is a good 736.876B.

Are the stocks of the company a buy now? Yes, they are. 50.00% of the analysts who voted said that the stocks are a ‘Buy’ and 36.00% said that it is a ‘Strong Buy’. 10.00% of the analysts voted for ‘Hold’. When Facebook bought other leading social media apps that are used by several millions of people, the company grew exponentially. Whether the company is a good place to invest or not depends on how it can grow now. But the truth is that the company is booming even amidst a global pandemic. Analysts expect the revenue made with each share like NASDAQ: INO at https://www.webull.com/quote/nasdaq-ino to grow by an average of 14.3% in the next few years.

Facebook is definitely a good company to invest in to earn money and benefits. However, it is important to consult analysts and other researchers before making a decision.

Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.