Maithya Kitonyi Blog | Facebook’s Data Breach Fiasco Is An Opportunity To Buy | TalkMarkets
Creator of CAGRValue.com and Individual/Private investor
Mr. Kitonyi is the founder of CAGRValue.com, a stock investing blog that focuses on growth investing and business value creation. Given the nature and the efficiency levels of the modern stock markets, it's highly unlikely many stocks will be undervalued. Many, though, could be overvalued due ...more

Facebook’s Data Breach Fiasco Is An Opportunity To Buy

Date: Wednesday, March 21, 2018 2:47 PM EDT

Shares of Facebook, Inc. (NASDAQ:FB) are down following the recent data debacle. The company has lost nearly 40% of market value or about 7%. This might seem to be a good opportunity to sell for those looking to take off before the ship sinks, but to the contrary, shrewd investors would be looking to add to their positions.

The ongoing events have no doubt affected the stock price, but the question is whether this will continue into the foreseeable future.The company's revenues and net income have grown consistently over the last several quarters and look certain to maintain this trend. Analysts believe that once the impact of the bad press the company has received over the last few days fades, then Facebook’s stock price will recoup the losses.

This article appeared first on CAGR Value.

Disclosure: I have no position in Facebook, Inc. (NASDAQ:FB) stock.

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