As the Syria worry continues and with the weak US market recently, there is a company that reminds us that all these are not important. The most important fundamental ingredient to price growth is still the business!
So says Facebook who today goes up $1 plus again. As I did mention, this may be a retirement portfolio stock. You should be part of this earnings growth story.
This is the last article where we recommended:
http://www.danielloh.com/2013/07/this-may-be-one-stock-for-your.html
At that time the price is $37. Now it is $41.73
We believe that this stock has a potential to reach greater heights in the long term. Short term wise, do take note of $45, the highest point reach in IPO day. That is often a barrier to IPO stocks. But if it breaks, it will go into uncharted waters...
Regards
Daniel
www.danielloh.com
