Facebook continues to be the #1 social media website across the globe. Facebook rules the roost even though there are multiple social media platforms that offer a host of benefits & features today. In fact, Facebook dwarfs its main competitors like Twitter in terms of both active users (2.7 billion Vs 310 million) and market capitalization ($794 billion Vs $31 billion).
Because of a strong business model & the core idea of the platform, Facebook’s stock is thriving even when the economy is still recovering from the COVID-19 pandemic. But should you buy Facebook stocks? Is this a stock that can deliver better returns than other US Stocks? Let’s take a look at some facts to understand whether FB stocks can work for your portfolio.
But before you buy any international stock, it is important to know whether the stock or the investment itself is suitable for your needs or portfolio. You can have a conversation with a Cube Wealth Coach to know whether US stocks can help your portfolio.
Should You Buy Facebook Stock?
The historical growth of FB stocks suggests that it can give potentially high returns over the long term. But whether or not you should invest in it depends on factors such as your risk appetite, investment goals, financial health, and more.
*Note: All facts & figures are as of 10-11-2020. While we update our blogs regularly, check out the Cube Wealth app for detailed facts & figures.
Watch this video to know how US stock advice works on the Cube Wealth app
1. How can I buy Facebook stock?
Ans. The best way to buy FB stock from India is by using a reliable app like Cube Wealth. You can buy US stocks of companies like Facebook, Apple, Amazon, Tesla, etc. on your own (DIY) or with advice from RIA, Rick Holbrook. The best part? You can invest as little as $1 in FB stock using Cube Wealth!
Shriram is a Consultant at CubeWealth. He has developed cutting edge IT products for over 2 years before turning to his passion for the written word. His love for philosophy, developing products, and empowering people through quality content is what got him to CubeWealth.
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