Facebook Inc (FB) Stock Is Not the One You Should

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There’s a bit of unease in the stock market at the moment. Volatility has rebounded from historic lows. And large-cap tech stocks like Facebook Inc (NASDAQ: FB) have pulled back — albeit modestly — from all-time highs reached after a huge run over the first seven months of 2017. Facebook stock has pulled back 5% over the past few weeks after FB stock hit an all-time high of $175 in late July.

Admittedly, there’s room for worry. The U.S. economy is growing, but hardly at a spectacular pace. By several measures, valuations in the broad market are at the highest levels since 2007 — right before the financial crisis. And U.S. equities haven’t had any real sort of real pullback since February 2016.

But as far as Facebook stock goes, there’s no need for panic or even concern. FB stock remains the only social media stock that matters. Any market pullback that brings the Facebook stock down only creates an opportunity. Every decline over the past four years has offered such an opportunity – and there’s little reason to argue that this time is different.