Facebook, Inc. Class A (FB)

254.82
NASDAQ
Prev Close 249.53
Day Low/High 246.61 / 255.75
52 Wk Low/High 137.10 / 304.67
Exchange NASDAQ
Shares Outstanding 2848.82B
Market Cap 710.87B
P/E Ratio 30.50
Div & Yield N.A. (N.A)

Latest News

The Strong Case For Walmart

* I am placing WMT on my Best Ideas List this morning * My twelve month price target is $175/share  Walmart seems to be the ideal investment for the next 1-2 years based on the following considerations:  * My baseline expectation is that the Democra...

Jim Cramer: When the Bounce Occurs, That's When You Make Your Move

Jim Cramer: When the Bounce Occurs, That's When You Make Your Move

That's the period of minimum risk.

5 Thoughts on Microsoft's $7.5 Billion Deal to Buy Bethesda Softworks

5 Thoughts on Microsoft's $7.5 Billion Deal to Buy Bethesda Softworks

The deal drives home how strategically important gaming is to Microsoft right now. But there is one big unanswered question.

Uncertain Times, Uncertain Markets, the RBG Factor, TikTok Deal: Market Recon

Uncertain Times, Uncertain Markets, the RBG Factor, TikTok Deal: Market Recon

Are equity markets oversold? Sorry to say, but I don't think so. Not yet.

What Makes Bargain-Hunting in Tech Very Complicated Right Now

What Makes Bargain-Hunting in Tech Very Complicated Right Now

When a speculative frenzy involving one set of companies ends, cheaper peers usually aren't unscathed in the ensuing selloff.

My Tactical Approach to the Markets

* Staying engaged, opportunistic and unemotional  I remain bearish but opportunistic and dispassionate in my trading. I was very active yesterday. Given the depth and speed of the declines in the S&P and Nasdaq Indices I moved from large short and p...

50-Day Line in the Sand, Don't Blame Powell, Crude Awakening: Market Recon

50-Day Line in the Sand, Don't Blame Powell, Crude Awakening: Market Recon

Plus, the chart of Novocure Limited is a real attention-grabber while the chart of Apple bears watching.

U.S. Investors May Be Offered TikTok Stock Within a Year

U.S. Investors May Be Offered TikTok Stock Within a Year

An IPO on U.S. markets is in the cards if a proposal to form TikTok Global wins approval in Washington and Beijing.

This Is a Market for Picking, Not Timing

This Is a Market for Picking, Not Timing

Investors are not dumping the FATMAAN names and running for safety -- they are looking to put those funds back to work in other places.

Jim Cramer: You Saw Snowflake. Now Get Ready for the Blizzard

Jim Cramer: You Saw Snowflake. Now Get Ready for the Blizzard

What happens after this is likely a flurry of deals that will require more selling and that begins to cut into the tech stocks with much lower valuations like Facebook, Apple and Alphabet.

Latest Moves

I have covered my Facebook short rental for a profit, and I have added to some banks. I am small net long in exposure now - awaiting a reshort on any strength. I am still expecting lower highs... and ultimately lower lows.  

Parsing the Breakdown of FAANG

Parsing the Breakdown of FAANG

The recent market leaders appear to be running out of steam, while stalwart stocks are grinding higher, with Verizon notable among them.

Time For Second Level Thinking?

* I believe so! * More evidence of a possible pivot from growth to value was seen today * I believe that pivot will continue (e.g.,banks should be the beneficiary of that pivot)   First Level Thinking: "The Fed will remain loose for years to come. T...

My Facebook Position

I have taken a small short position in Facebook based on the report that the DOJ may be attacking the company on antitrust grounds.  I still have small positions in and shorts but I will lift this short exposure on any further ramp. I have been givi...

Going Short on Facebook, QQQ

I have taken a small trading short rental in Facebook on the news that the Federal Trade Commission is preparing an antitrust suit against the company. I am also expanding my Invesco short now..      

TikTok Ditches Microsoft, Tries Ties with Oracle

TikTok Ditches Microsoft, Tries Ties with Oracle

TikTok tries to satisfy the Gordian Knot of Trump push and Chinese pull through partnership deal with Larry Ellison's Oracle.

Challenging Markets, Nvidia Acquires Arm, Oracle Wins TikTok, Vaccine Update

Challenging Markets, Nvidia Acquires Arm, Oracle Wins TikTok, Vaccine Update

Also, several scheduled events this week, election risk, earnings to watch.

New Buy (and Short) Levels

* My revised levels I don't want there to be any ambiguity about the size of my positions or about my buy and short levels as I strive for as much transparency as possible. "When the time comes to buy, you won't want to." -- Walter Deemer "When the ...

Jim Cramer: Big Money Talks, but Not the Same Language as the Little Guy

Jim Cramer: Big Money Talks, but Not the Same Language as the Little Guy

Giant money managers give sweeping views of investing in "the market" while the small investor is looking for great individual stocks.

Jim Cramer: Here's What We Know About This Rally

Jim Cramer: Here's What We Know About This Rally

First, let's closely watch this semiconductor company for the telecoms, and then examine the industrials, transports and retailers.

Jim Cramer: No Two Selloffs Are the Same

Jim Cramer: No Two Selloffs Are the Same

But what is the same is greed, and here's how you -- especially if you're new to stocks -- can approach investing rationally.

Is It the Beginning of the End of the Virtuous Market Cycle?

* A river is generally easier to channel than to stop. * But these are not typical investment times. * Given the unusual nature, artificial/distorted conditions (fiscal and monetary policy) and outside influences -- SoftBank (I am short), David Port...

Whale Watching, Winning Streak Ends, Nagging Questions: Market Recon

Whale Watching, Winning Streak Ends, Nagging Questions: Market Recon

Plus, an early look at third-quarter earnings expectations and an admonition to heed the words of Arthur Cashin.

Japan's Softbank Maverick Makes Billions as 'Nasdaq Whale'

Japan's Softbank Maverick Makes Billions as 'Nasdaq Whale'

Masayoshi Son, the man behind the Softbank Group, has orchestrated a trading strategy that has helped push call-option trading on U.S. tech companies to US$335 billion per day.

Here's What I Like Into Next Week

Here's What I Like Into Next Week

The tanking of the Nasdaq 100 seems to have scared people.

Rapid Test, Rapid Dow Rally?

Rapid Test, Rapid Dow Rally?

Here's what I expect to happen to the market near term off this potentially game-changing development.

Buy Banks, Short Bonds?

I remain very optimistic regarding the intermediate term outlook for bank stocks. Given Powell's comments yesterday combined with the vast underperformance in 2020, it might now finally be time for the banks to move out of their recent trading range...

Fed's Big Day, Market Rock and Roll, Ives' Targets, Tesla's Tech Breakthrough?

Fed's Big Day, Market Rock and Roll, Ives' Targets, Tesla's Tech Breakthrough?

If financial markets any indication, a lot must be expected from Fed Chair Powell Thursday morning. Plus, two guys to never bet against.