New Stock Pick – September 2016
Sector – Technology
Industry – Software & IT Services
Market Cap – Large
Total Revenue – $17.9B
Net Income – $3.7B
Operating Cash Flow – $11.2B
Earnings Per Share (EPS) – 2.09
Purchase price – $126.17 / 15 Shares
September 2016 Stock Pick – Facebook Inc.
Symbol – FB
Facebook is the leading social media platform in the world, by far. The company has had a few big splashes in the past few years with Instagram, Oculus, and WhatsApp. There are more U.S. users of the site than there are U.S. citizens who vote for the Presidential election. According to a study, users of the mobile app check their account on average 14 times per day.