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Wednesday's "Earnings Beat" Makes This The Perfect "Bad-Market" Tech Stock

In last week’s Private Briefing report Our Experts Show You the Stocks to Pick in a ‘Stock-Picker’s Market’,” Money Map Press Chief Investment Strategist Keith Fitz-Gerald identified SanDisk Corp.(NasdaqGS: SNDK) as one of three stocks to buy in the face of the stock market sell-off.

And now we see why…

  • Featured Story

    Why Facebook Inc. (Nasdaq: FB) Stock Is a Bet on the Future

    Nasdaq FB

    Money Morning Capital Wave Strategist Shah Gilani knew, even when Facebook slumped below $20 in late 2012, that the company had tremendous promise. When he failed to catch the bottom back then, Gilani vowed to pounce when the time was right.

    In February, when Facebook announced its $19 billion acquisition of WhatsApp Inc., Gilani did just that.

    In this Q&A with Money Morning Executive Editor William Patalon III, Gilani talks about how what Facebook CEO Mark Zuckerberg is doing now will pay off in the future...
  • Facebook IPO

  • Facebook Inc. (Nasdaq: FB) Is Looking to Move into Mobile Payment Company Facebook 2

    Facebook has made a string of important acquisitions recently: A mobile messaging app, a satellite drone maker, and a virtual-reality company.

    Now things are really getting interesting as the company moves into another burgeoning industry: mobile payments.

    Check out how Facebook could become the next big global e-money institution...
  • Why Wall Street Loves Facebook (Nasdaq: FB) Stock Right Now 20130725_facebook-like

    The demise of momentum stocks, or Facebook Inc. (Nasdaq: FB) stock at least, appears to be greatly exaggerated.

    Shares of Facebook, a notable momentum stock over the last 12 months, spiked $4.22, or 7.3%, to $62.41 Wednesday. The move marked the stock's best one-day gain since Jan. 30.

    Over the last three months, shares of the social networking leader are up 9%. Year to date, they have logged gains of 14.2%. FB shares were up more than 25% earlier this year, but slipped along with other high-growth stocks over the last few weeks amid a notable shift from growth to value.

    Giving Facebook shares a boost Wednesday were bullish comments from several Wall Street firms:
  • Why Facebook Inc. (Nasdaq: FB) Stock Is Down Today facebook stock price today

    Why the sudden slip in Facebook (Nasdaq: FB) stock?

    Shares of the social networking leader slipped some 5% intraday Friday to $56.50. That followed a 5.15% drop on Thursday. The recent slump has nearly wiped out all of 2014's gains and leaves shares close to FB's Jan 2 opening price of $54.83.

    While FB shares are still up a modest 5% year to date, they sit roughly 20% off the highs hit less than a month ago.

    Here’s what’s behind the dip, and what’s ahead...
  • The 10 Biggest Internet IPOs in U.S. History Think Big

    A spate of Internet IPOs have made news in 2014, including the headline-grabbing initial public offerings of Alibaba Group Holding (not out yet) and King Digital Media (which went public last week).

    When Alibaba confirmed that it will bring its IPO to an American exchange, analysts predicted that it could be one of the largest Internet IPOs in U.S. history, surpassing Facebook Inc.'s (Nasdaq: FB) $16 billion.

    As the Internet IPO market heats up in 2014, Here's a look back at the 10 biggest Internet IPOs in U.S. history...

    See how they stack up...
  • Alibaba IPO: Chinese Firm's Value Will Easily Beat Record High alibaba 2

    There's still no official date set for the Alibaba IPO, but that hasn't stopped analysts and investors from speculating about the size of the company's initial public offering.

    According to some analysts, the Alibaba IPO could raise almost as much as Facebook Inc.'s (Nasdaq: FB) 2012 IPO, which raised $16 billion.

    Facebook was valued at $104 billion when it made its public debut on May 17, 2012. At the time, that was the highest valuation of any American IPO.

    By all accounts, Alibaba will smash that figure...
  • Why Facebook (Nasdaq: FB) Is Buying Oculus VR Inc. for $2 Billion oculus-rift-0113-de Facebook's shopping spree continued this week with the purchase of Oculus VR. But what on Earth is the world's largest social media outfit going to do with a company that makes virtual reality goggles? You have to know that CEO Mark Zuckerberg has a plan...
  • What's Next for Facebook Inc. (Nasdaq: FB) Stock facebook

    The big question looming over Facebook Inc. (Nasdaq: FB) is what its next move will be.

    It's going to be tough to trump the social media giant's $19 billion purchase of WhatsApp on Feb. 19. [Almost as hard as it's going to be to beat the 158% price move FB stock has seen over the past year.]

    While many balked at the exorbitant price paid for the five-year-old messaging app for smartphones, Facebook CEO Mark Zuckerberg sees great potential in the acquisition. Referring to WhatApp's soaring growth, Zuckerberg said, "No one in the history of the world has done anything like that."

    Where's it headed next? Here's a look.
  • Why This Facebook (Nasdaq: FB) Acquisition Means Huge Profits

    When Facebook Inc. (Nasdaq: FB) recently announced it was buying the messaging service WhatsApp for $19 billion, it touched off an avalanche of controversy and criticism.

    We saw comments from the usual market pundits and stock jockeys. But with WhatsApp - thanks to the unique name, and the immense purchase price - even the late-night comedians stepped up.

    This line from new "Late Night" host Seth Myers pretty much sums it all up:

    "President Obama has announced that 4 million people have signed up for ObamaCare," Myers deadpanned. "Obama says he wants to hit 7 million users by the end of March, at which point he'll sell it to Facebook for $10 billion."

    Read More...
  • The 10 Biggest IPOs Ever to Hit the U.S. Market IPO balckbaord

    While 2014 thus far has been a banner year for the IPO market, none of this year's companies crack the list of 10 biggest IPOs ever.

    According to IPO investment firm Renaissance Capital, 40 companies have been priced in the United States in 2014 and have raised a total of $7.2 billion. Eight of the 10 IPOs on this list raised at least that much in a single deal.

    To continue reading, please click here...
  • Why Facebook (Nasdaq: FB) Is Buying Drone Maker Titan Aerospace drone

    What is Facebook Inc. (Nasdaq: FB) up to?

    The social networking leader is slated to buy long-endurance, solar-powered drone maker Titan Aerospace in a $60 million deal.

    As crazy as it sounds, it's not that crazy at all.

    To continue reading, please click here...
  • What Pushed Facebook Inc. (Nasdaq: FB) Stock to Record Highs This Week

    Monday's broad-based rally sent the S&P 500 Index to an intraday record and also helped push Facebook Inc. (Nasdaq: FB) stock to an all-time high of $70.92.

    Shares of the social networking giant climbed 3.4%, or 2.33 points, to the new high. Volume was heavy, with 76.63 million shares changing hands - compared to FB's average daily volume of 63 million shares.

    To continue reading, please click here...
  • Why Facebook (Nasdaq: FB) Really Bought WhatsApp 5017703003_508d161ea6_z-001 Facebook is crazy for wanting to buy messaging company WhatsApp for $19 billion - crazy like a fox. But most in the media have completely missed the key to why this deal is so smart. This is how Facebook plans to become the king of mobile...
  • Why Facebook (Nasdaq: FB) Bought WhatsApp for $19 Billion facebook buys whats app

    For Facebook Inc. (Nasdaq: FB)if you can't beat 'em, buy 'em...

    In its biggest acquisition yet, Facebook announced late Wednesday it's buying mobile messaging company WhatsApp in a $19 billion blockbuster deal.

    Here's what’s behind the hefty price tag…
  • What's Pushing Facebook (Nasdaq: FB) Stock Higher 20140130MR1

    Facebook Inc. (Nasdaq: FB) stock soared 14% yesterday (Thursday) since it reported a year-over-year revenue increase of 63% in Wednesday's earnings report.

    Money Morning's Defense & Tech Specialist Michael Robinson thinks there's one key development driving FB's stock and earnings higher.

    To watch Robinson's interview on CNBC World as he describes why FB stock keeps climbing, click here.
  • Facebook (Nasdaq: FB) Stock Up 9% After Hours Zuckerberg At first blush, Facebook's earnings look good - the social networking giant beat expectations by $.04 a share, and revenue was up 63% year over year. But there are several trends among Facebook users that are going in the wrong direction, and threaten future growth. This is an ominous sign for shareholders...