According to the experts, Facebook Inc (NASDAQ:FB) stock is a buy this week and you must stay away from Yahoo! Inc. (NASDAQ:YHOO) stock as the company’s position look bleak. Tech stocks remain the hot area where investors love to put their money on. In a program on CNBC, Yousef Squali said that Facebook is a tech stock to buy. The company’s video ads are now rolling out. Its video business is also growing and the company is looking great in terms of margins, market value and revenues. Squali said that Facebook Inc (NASDAQ:FB)’s strong area is mobile. The company acquired two famous apps, Instagram and WhatsApp and that is what made all the difference. Mobile user base is growing and even if the young user base shows less interest in Facebook Inc (NASDAQ:FB)’s own social media platform, it has the alternatives to garner and imbibe millions of users on the mobile.
Ed Lee from Recode magazine said that Yahoo! Inc. (NASDAQ:YHOO) is becoming irrelevant in the market. Apparently, Yahoo deals in content, messaging, email, mobile, search; but still, it is not sure what Yahoo is and where its core business lies. Lee thinks the upcoming quarterly report will be decisive for Yahoo! Inc. (NASDAQ:YHOO). Everything is now getting clear for Yahoo! Inc. (NASDAQ:YHOO) as it part ways with Alibaba. Lee said that Yahoo! Inc. (NASDAQ:YHOO) will need to devise a complete overhaul strategy to locate its core business value.
Ken Griffin holds 4.58 million shares worth $307.87 million of Facebook Inc. (NASDAQ:FB).
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