Facebook has consistently rewarded investors since its IPO in May 2012. Is now a good time to buy Facebook shares?
This article explores Facebook as an investment. We discuss what the company is, its recent market performance, and explain whether or not you should invest in Facebook shares.
To get this article started and to make the process of investing easier, we have listed the two best places to buy Facebook stock below.
Where to buy Facebook stock online
The best place to buy shares in Facebook is an online stockbroker. These low-fee platforms offer a huge range of assets such as stocks, forex, commodities and even cryptocurrencies. You can sign up and buy FB shares in just a few clicks, so click on one of the options below to get started:
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What is Facebook?
Famously founded in February 2004 in Massachusetts by Mark Zuckerberg and his Harvard roommates, Facebook is an American multinational corporation that is based in California.
The company’s social media platform offerings include Facebook, Facebook Messenger and Instagram. Nowadays, it is one of the largest and most well-known companies in the world, with more than 2.7 billion active monthly users.
Most of the company’s revenue is derived from data; specifically, for the purposes of advertising. Impressively, it has managed to achieve strong growth this year despite some of the impacts of COVID-19 having an adverse effect on operational capabilities and advertising demand.
However, COVID-19 has increased the reliance of people to communicate online, and Facebook’s user base has grown as a consequence. For a company of this scale to be still be delivering shareholder growth is very encouraging.
Should I buy Facebook shares right now?
If you are looking for a lower-risk investment that can still deliver growth, both via innovation and expanded revenue streams, Facebook could be a great option.
Just make sure you conduct your own extensive research before getting started to avoid making any rash, impulsive or uninformed decisions.