The Facebook Inc. (Nasdaq: FB) stock price is trading at all-time highs right now ($209.99 per share), but there's still time to double your money on this tech juggernaut.
"A few years back - when Facebook was in the doghouse - I predicted it would double. And it did. It's going to double again from here - and more quickly than you think," Money Morning Defense and Tech Specialist Michael Robinson said on May 8.
Robinson calls FB CEO Mark Zuckerberg a "maverick."
In fact, he's so confident in how this company is run that Robinson projects the Facebook stock price will double by this date...
We Expect the Facebook Stock Price to Double Again
By now, everyone knows about Facebook and the Cambridge Analytica scandal. For a quick reminder, the data-analysis firm that worked on U.S. President Donald Trump's campaign was accused of improperly obtaining data from 50 million Facebook users.
In response, shareholders panicked, and the FB stock price dropped 13.32% in March.
But when I asked Robinson, he told me this was actually a buying opportunity for savvy investors.
"For the long haul, I still believe in this stock and see this as a great buying opportunity for tech investors. It does look like a classic overreaction. It seems as though Wall Street is panicking... but at this point, it's a lot of speculation," Robinson told me on March 20.
And indeed it was...
On March 20, FB was trading for $167.47.
Now trading at $209.99 per share, that's a 25.38% return in four months.
Life-Changing Profit Potential: One tiny firm is rapidly developing the parts for a game-changing technology - and the gains from its stock, trading for less than $10, could turn every $1,000 invested into $4,719. Learn more...
Not bad.
But there's still a chance to roughly double your money in Facebook.
The only catch is that you have to own it before this date...
Owning Facebook Now Could Lead to a 100% Return
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After extensive research, Robinson's data suggests the FB stock price could double in as little as 18 months.
At the time of his prediction, FB was trading for $178.25. That means the Facebook stock price would trade for $356.50 per share if it hits Robinson's prediction:
"Over the past three years, Facebook has grown earnings on average more than 100%. That figure is likely to slow, but even if we cut that rate in half to 50%, we're still looking at a double in as little as 18 months."
However, a conservative estimate shows 100% gains in less than three years.
"That's not long to wait to double your money. And it makes Facebook the kind of market crusher that can really help you build your net worth," Robinson said.
That means turning every $1,000 investment into a total of $2,000.
Every $10,000 investment into a total of $20,000.
Every $50,000 into a total of $100,000.
You may have thought you missed the boat when Facebook went public in 2012.
But there's still time to let Zuckerberg lead you to a triple-digit return.
"When the stock does hit my target, you can be sure I'll be boasting about it... not just here, but with a post on Facebook," said Robinson.
The Gains on This One $10 Stock Alone Could Earn You Enough to Retire
A paradigm-shifting technology could disrupt every major industry, and one tiny company is at the center of it all.
It recently inked four major deals... BlackRock has snatched up 29 million shares... and its technology could be adopted by millions around the globe.
Best of all, this stock trading for less than $10 could deliver a 471.9% gain for early investors.