How Can I Buy Fb Stock
Beaten down META stock popped on Friday after shares in Facebook (opens in new tab) parent Meta Platforms (META (opens in new tab)) caught an upgrade from a prominent Wall Street analyst.
how can i buy fb stock
The news helped META stock gap up nearly 6% at the opening bell, and builds upon bulls' case that shares in the social media giant are a screaming bargain buy after suffering one of the more epic price collapses in recent memory.
To put META stock's market carnage in perspective, before Friday's jump, shares had lost almost 70% of their value since hitting an all-time closing high of $382.18 on Sept. 7, 2021. META's market capitalization, which peaked at $1.08 trillion not so long ago, is down to about $320.2 billion.
"[H]eading into 2023, we believe some of these top- and bottom-line pressures will ease, and most importantly, Meta is showing encouraging signs of increasing cost discipline, we believe with more to come," Anmuth writes in a note to clients. The analyst also raised his price target to $150 a share from $115, which gives META stock implied upside (opens in new tab) of about 24% in the next 12 months or so.
And Anmuth is hardly alone in his ardor for the Facebook parent. Of the 56 analysts issuing opinions on META stock tracked by S&P Global Market Intelligence, 27 rate it at Strong Buy, 10 say Buy, 16 have it at Hold and two call it a Sell. Additionally, one analyst slaps a rare Strong Sell recommendation on shares.
That works out to a consensus recommendation of Buy, with fairly high conviction. Meanwhile, the Street's average price target of $154.19 gives META stock implied upside of about 28% in the next 12 to 18 months.
True, there's a Wall Street cliche warning folks about buying a stock when it's collapsing as META is: Don't try to catch a falling knife. In META's case, not too long ago it looked more like trying to catch a falling Guillotine blade with your neck.
"While META's historical advantage has been the social graph and the ability to share and follow pictures and videos uploaded by users, the company now believes it must evolve to use advanced algorithms to deliver content to users and leverage its social graph in the Metaverse," writes Helfstein, who rates the stock at Outperform (the equivalent of Buy).
Whether Meta Platforms can pull out of this nosedive very much remains to be seen. On the other hand, the idea is to buy low. If CEO Mark Zuckerberg and company can pull this off, META stock will have proven to be an absolute steal during what has become a truly dark period for long-term shareholders.
In the case of FB, the underwriters led by Morgan Stanley did two things just prior to the IPO that were controversial, in retrospect: it increased the price of the offering and increased the number of shares for sale. If demand had been stronger for the stock, these moves would not have been questioned.
In fairness, the FB IPO was successful in many regards. The company sold a tremendous amount of stock, long term investors were able to cash out, the deal was priced to the maximum level (better for the company than for the investors) and it was completed during a severe market down turn.
The current consensus among 55 polled investment analysts is to Buy stock in Meta Platforms Inc. This rating has held steady since March, when it was unchanged from a Buy rating.Move your mouse over pastmonths for detail
Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: 2019 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc.2019. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices S&P Dow Jones Indices LLC 2019 and/or its affiliates.
In the past three months, Meta Platforms insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $12,363,759.00 in company stock.
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.
People have two options to buy shares of stock online. Firstly, they can buy shares in companies on the exchanges where they are listed. For instance, you can buy Facebook stock on the NASDAQ exchange, so you own a share in the company (investor). Alternatively, they can buy Facebook shares without owning them, speculating on the price of the underlying asset (trader).
You may also turn to experts for their input. Brokerage companies frequently release commentary on major stocks and industries, and third-party evaluators like Trading Central provide comprehensive technical and fundamental analysis.
Before you load up the trunk with Facebook shares, pop opens the hood and see what you are really getting into. Remember, when you buy Facebook stock, you are purchasing a small portion of an actual business:
It is recommended to watch for stocks in the major long-term support area. We should buy Facebook shares at relatively cheap prices (compared to historical values), not expensive prices. Also, have an exit plan for how you will exit a profitable trade. Define how and why you will exit. Since we used to support to get into the trade, you may consider exiting just below a long-term resistance level.
If buying at support, and planning to exit just below resistance, the upside potential should outweigh the downside risk by at least 2:1 or even 3:1. That means that if you buy Facebook shares at $320, you should be reasonably able to get out of the stock at $295 or higher. In an absolute worst case you lose $25 a share, but based on the historical chart it is quite feasible to go up to $50/share or more. This is known as the risk/reward ratio, a key indicator when deciding to buy Facebook shares or not.
The number of Facebook shares to be purchased must be entered and it is allowed to set up a Stop Loss to limit the potential loss, and/or a Take Profit to close a profitable position once the Facebook stock reaches a specific price. These orders can be configured based on price, pips, cash value, or percentage.
Facebook, Inc. announced in February 2014 that it would purchase WhatsApp, a mobile messaging service, for US$19 billion in cash and equity. Facebook bought Oculus VR for $2.3 billion in stock and cash later that year after the company released its first consumer virtual reality device in 2016.
When a company's stock gets released to the public in an initial public offering (IPO), there's usually not much news coverage outside of the financial media outlets. But that was not the case in 2012 when Facebook (META 1.97%) announced its go-public event. It was hard to avoid the buzz leading up to the stock's release day, and many social networking fans who had never invested in stocks before were interested in getting in on the action.
The stock was offered at $38 per share via the IPO. Let's assume you bought 132 shares for a total of $5,016 on May 18, 2012, and held all the way through to today. In the meantime, Facebook continued its incredible growth and has turned into a global juggernaut. The table below compares Q1 2012, the last quarter before its IPO, to its most recently reported results for Q2 2019.
Facebook's IPO was largely viewed as a failure. In the days following the stock's release, it dropped -- and dropped and dropped. The stock stayed below the $38 mark for months and finally bottomed out in September 2012 below $18.
The idea is that you can get in on the stock with a small initial investment but have cash left to invest later. If the stock goes lower, you don't feel too bad, because you have money available and can add to your position at a better price. If the stock starts to rise, as a shareholder, you can be comforted that you are capturing the gains.
Buying in thirds doesn't always pay off monetarily, but it can help manage your temperament if the stock loses value. Red numbers in your portfolio are tough to look at. Some investors might be tempted to sell, especially when numbers remain in the red for what seems like an eternity. Early Facebook shareholders who chose a buy-in-thirds approach not only would have achieved better results, but more importantly, they were more likely to hold their shares through the first 16 months of disappointing returns.
Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to its CEO, Mark Zuckerberg, is a member of The Motley Fool's board of directors. Brian Withers has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Facebook. The Motley Fool has a disclosure policy.
In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0% 041b061a72