Should I Buy Facebook Stock Right Now (Nasdaq: FB)?

Facebook earnings (Nasdaq: FB) came out Tuesday. Impressive numbers like $3.2 billion in quarterly revenue and a 64% increase in ad revenue compared to the same quarter a year ago have investors wondering, "Should I buy Facebook stock right now?"

Money Morning Defense & Tech Specialist Michael A. Robinson explained exactly how he would play FB stock on Wednesday when he visited FOX Business' "Varney & Co." Watch his answer right here:

Here's a full explanation of the "Cowboy Split" Robinson favors with FB stock. This classic investment strategy is not only a great way to protect you from volatile markets - it's also a way to net bigger gains...