The new Facebook Groups app for iOS and Android breaks groups out into their own app for easier access. From the new app users can look through their groups more easily than on the main Facebook mobile app, and also create new groups.
The new Groups app also includes a Discover tab which will let users find groups they may want to join based on Pages they've liked on Facebook and groups their friends are a part of.
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While the app makes groups easier to use on smartphones, the feature is still available in the main app as well as on the desktop. In a blog post announcing the new app Facebook said it will continue to improve the groups experience on those other platforms as well.
TheStreet Ratings team rates FACEBOOK INC as a Hold with a ratings score of C+. TheStreet Ratings Team has this to say about their recommendation:
"We rate FACEBOOK INC (FB) a HOLD. The primary factors that have impacted our rating are mixed -- some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the stock itself is trading at a premium valuation."