Skip to main content

Your Safe, Low-Cost Way to Play Facebook Stock This Summer

In just the past two weeks, Facebook Inc. stock has fallen from $242 down to $216, only to climb back again to $245. It's under a microscope right now, with around 800 companies - including giants like Coca-Cola Co., Hershey Co., Ford Motor Co., and Unilever NV - having "paused" their extensive ad buys. The world's biggest social media site hosts around 2.6 billion active monthly users, so it's the ballpark all advertisers want to play in. Together, they paid Facebook almost $70 billion to do just that in 2019. But those advertisers (or, more to the point, those advertisers' everyday customers) want Facebook to do more to police the content that appears on its site. So this "pause" in ad buying is really a de facto boycott. Now, however you feel about Facebook's politics, if you're an investor, "boycott" is a scary word. Advertising is Facebook's bread and butter, and when that all-important revenue stream is threatened, for any reason, all kinds of questions come up about Facebook's near-term value as a buy-and-hold stock. As my colleague, D.R. Barton, Jr., told you last week, though, there's still good reason to bet on FB for the long haul. And as I'll show you today, the best way to make money on Facebook right now is to trade it. The smart move is "renting" Facebook for a couple of cents on the dollar; that'll slash our risk and potentially put a cool $1,000 in our pockets toward the end of the summer. There's only a short time frame for us to set up this trade. Here's how it works... Full Story The post Your Safe, Low-Cost Way to Play Facebook Stock This Summer appeared first on Money Morning - We Make Investing Profitable . There's only a short time frame for us to set up this trade. Here's how it works... Tags: Facebook To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.