With the long-awaited video ad products and pending Instagram monetization coming shortly, according to Graham, Facebook is still in the early stages of generating massive amounts of revenue from its users. Rumors are that Facebook could charge as much as $2.5 million per video ad to advertisers, similar to what is charged for a 30-second spot during the Super Bowl.
Shares of Facebook were higher in premarket trading Wednesday, up 1.7% to $49.25.
--Written by Chris Ciaccia in New York
>Contact by Email.Follow @Chris_Ciaccia
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV