FXstreet

Facebook (FB) was off to a good start in 2019 even before it reported Q4 earnings last week and then jumped over 10% after beating expectations on revenues, earnings and monthly active users. Tony Mitchell, one of my managers, first bought Facebook at $16. At today's price of $169, Tony is still not selling because he sees more upside.



Although Facebook is now up 22% year to date, it is still 24% off of its 52-week high of $218.62.

more...