Facebook (FB) Shares Rebound 60% from Post-IPO Low

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					Robert DeFrancesco’s
December 13, 2012

Facebook (FB) Shares Rebound 60% From Post-IPO Low
NOW AVAILABLE: The December 2012 issue of Tech-Stock Prospector for your
Amazon Kindle or Kindle for iPad/iPhone reading app.

Here are some of the topics covered in the December 2012 issue:

*8 disruptor tech companies for 2013
*Splunk delivers the growth
*Salesforce still showing disruptor qualities
*A look at Eloqua & ExactTarget
*The Aruba Networks battle against Cisco heats up
*Akamai inks CDN alliance with AT&T
*Cisco wants more software revenue
*Is Acme Packet poised for a rebound?
*Why Palo Alto Networks is winning market share
*Infoblox surprises to the upside
*Valuing fast-growing Workday in the SaaS segment
*Analysts weigh in on Riverbed’s OPNET purchase
*Fortinet shares regroup following pullback
*Fusion-IO positioned for growth in flash storage
*TSP Deal Report: Sourcefire

Order the December 2012 issue here:


Shares of Facebook (FB, $28.24) have rebounded 60.9% from the post-IPO low of
$17.55 from early September. Just since the end of October, the stock is up 33.7%.

Capstone Investments this week bumped up its Facebook price target to $35 from
$26 based on increased expectations for ad revenue over the 2013 to 2016 period
thanks to a strong showing by recently released ad products and a positive outlook
for new revenue lines.

The firm thinks ads directed at custom audiences are driving incremental spend
from advertisers. Capstone now looks for Facebook to achieve 2013 ad revenue
growth of 41% and 2014 growth of 42%, up from its previous forecast of 35%
growth for each year.

With the 2013 consensus revenue estimate at $6.46 billion, analysts on average are
looking for top-line growth of 29.1%.

Facebook shares now trade at 54.6 times the 2012 consensus EPS estimate of 52
cents and 43.6 times the 2013 consensus of 65 cents.


Read the latest issue of Tech-Stock Prospector on your Amazon Kindle or Kindle for
iPad/iPhone reading app.

Here’s the Kindle link:


Tech-Stock Prospector Managing Editor Rob DeFrancesco has more than 20
years of experience covering the tech sector. He is a former senior writer with
Louis Rukeyser’s Wall Street., launched in 2003, is an investment-research service
focused primarily on the networking, storage, security, wireless and software
sectors. Annual subscription: $350.

For more information or to place an order, call 800-392-0998.

Description: Facebook shares still remain well off the post-IPO high of $45