Social media leader Facebook (FB) is another stock that has consistently ranked highly in the screening tool. The stock currently has an overall ranking of 91 from InvestorsObserver’s Stock Score Report. FB fell along with the overall market, but overall the technicals still look OK, and the stock appears to have found its support level and has begun to erase some of its recent losses. FB continues to grow at a rapid pace, with earnings forecast to rise at an annual rate of 27.2% over the next five years. Facebook stock has been a Wall Street darling for the last several years, and while the company continues to post strong year over year earnings growth, shares will likely continue to remain hot. FB is now trading at $183.84, and analysts have an average price target of $218.55 for the stock.
Chart courtesy of www.stockcharts.com