This FANG Stock Just Rebounded Into Buy Zone – Investor's Business Daily

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When building your watch list, focus on stocks with an 80 or higher RS Rating. FANG stock Facebook (FB) is one stock that just reached the mark, now earning a score of 83.

X This exclusive rating from Investor’s Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock’s price behavior over the trailing 52 weeks compares to all the other stocks in our database.

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After breaking past, then falling back below a 175.59 entry, Facebook has rebounded into buy range. Heading into afternoon trading on Thursday, the social media giant was up 1.5%, putting it 2% above the buy point.

Fellow FANG stocks Amazon (AMZN), Netflix (NFLX) and Google parent Alphabet (GOOGL) were also trending higher for the day.

Alphabet is trading within a buy zone, while Amazon is extended from an earlier breakout. Netflix is working on a new base.

Facebook saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 69% to 77%. Revenue rose from 45% to 47%.

The company holds the No. 1 rank among its peers in the Internet-Content industry group. Facebook (FB) and Grubhub (GRUB) are also among the group’s highest-rated stocks.


FANG Stocks News: Facebook, Amazon, Netflix, Google

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