In an all views thread last Friday one Guppy predicted facebook will do fine going forward since it has a strong patent portfolio. In my opinion faceboks returns will underperform the market. On Friday I had suggested 3 stocks as being undervalued. Si abb amat
It is my opinion each of these will outperform facebook over next year 3 yrs 5 yrs 10 yrs based on last Friday closing price.
Today facebook lost 12% while each of these stocks is up 2-3 pct. Time will tell.
I will post Friday closing price
Re: Facebook performance going forward
I should add - none of this implies people should go ahead and buy these stocks. Everyone should do their homework. In the parallel thread on facebook folks are wondering if it can go up or if by acquiring companies if it can grow. Not one mention was made of its market cap based on current price.
Growth by acquisition comes at a price. Most companies overpay - and hence stock performance lags.
Re: Facebook performance going forward
I pat myself today, that i didn't jump on the hype wagon.
Given FB revenue of less then 4$ Billion and valuation of over 100$ Billion is just absurd. I am predicting the stock will settle between 20 to 27 in next two months.
Re: Facebook performance going forward
^ ok!
As promised here are Friday closing price for facebook the 3 stocks and sno500 index. Div yield for stocks given below
Fb closed at 38 - now 31 loss 18%
Amat 10.37 - 10.54 gain 1.6 pct yield 3.6 pct
Abb 15.97 16.43 gain 2.9% yld 4.4%
Siemens si 83.54- 85.46 gain 2.3% yld 3.5%
snp500 1295. 1317 gain 1.7% Yoda 2%
Not coincidentally all value stocks chosen apriori are comfortably beating rb.
Hyper
Re: Facebook performance going forward
I have my doubts on ABB yield. In the undervalued thread I had posted yield of 0. In any event FB down 25% from open price.