Strong Earnings, Time To Buy Facebook?

Its EPS growth rate close to 19% YOY, showcasing its dominance in digital advertising.

Number of users also maintain its consistency, with close to a quarter of the world population using Facebook alone, not to mention its other applications including Instagram and WhatsApp.

Most importantly, the average revenue per user is increasing healthily, as more businesses pivot online to reach the their customers effectively.

With this strong earnings, Facebook is still being traded at 24 times PE, much lower than its 5 Year Average of 32.

I'm long-term bullish on Facebook and I intend to do a Facebook deep dive video on my YouTube.

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