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With over 7 years’ experience in the heart of the investment industry, Daffa Zaky has become one of the most respected commentators in the financial world. Daffa remains a keen forex and binary options trader and is a regular featured analyst for a number of online news portals and was ... more

Facebook Stock (NASDAQ: FB) Ultra-Hot Today

Date: Thursday, July 21, 2016 10:06 AM EST

Facebook is an amazing company, and you can make good money if you buy this stock. For instance, today has been a great day for this stock, and you should pay close attention to anything that is happening with this firm. Facebook stock is today at an all-time high, and the reason is simple: Facebook Messenger has reached a billion users, and that`s a feat that we need to celebrate this day. Why? Because people are more connected now and they can do all kind of amazing things today. With a billion people using Facebook Messenger per month, this platform has become a very powerful app.

Touching a Billion Lives
Facebook Messenger is touching more than a billion lives, and this app is part of a very exclusive group: apps that are touching the lives of millions of people around the world. Messenger is so widespread today because of the following reason: the app has been built on the shoulder of Facebook itself, which is amazing. The GOP convention overnight was a very important event in America, and people generate around 52.4 comments, likes, shares, and posts on this important event. This fact is something that few apps can show today, and you should bear this in mind at all times.

Strong Competition
Snapchat is a strong competitor and Facebook knows it. In fact, Snapchat is moving toward messaging, and that fact is an important threat to the dominance of Facebook Messenger. In fact, Snapchat is a very powerful communication tool abroad, and its influence is increasing every single day. Though Facebook Messenger is the most used messaging app in the world, it has to face powerful competitors such as Line and Skype. And Messenger has become more interesting thanks to a wide array of new features such as ride sharing, bots, digital assistant, and payments.

Making Money
But Facebook has not monetized WhatsApp and Messenger yet. However, Facebook knows that Instagram and WhatsApp are the long-term revenue sources that the company should also use to take the firm to a whole new level of success and influence in the business landscape worldwide. In addition, Facebook will not have to experience a lift in any ad load because of its growing user base. If you take a close look at the Facebook stock you will notice something interesting: this firm is growing like crazy. And we meaning that the firm is generating tons of revenue per quarter.

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