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Facebook is an Attractive Trade for Short, Intermediate and Long-Term Investors

August Internet use and mobile data showed that Facebook continues to be strong.

August Internet use and mobile data showed that Facebook continues to be strong. Stephanie Link Co-Portfolio Manager of Action Alerts Plus explains to TheStreet’s Jill Malandrino that in addition to good engagement numbers, making progress in mobile monetization is another important driver near-term. Intermediate-term is where video comes in. WhatsApp and Oculus are for the longer-term. So with all of these catalysts in mind, Link believes they could lend to $2-$4 in earnings power, justifying the higher multiple. Within tech, Link and Jim Cramer also have Twitter and Google in the growth package because it has something for all types of investors as these stocks can be in and out of favor at any given time. Facebook, Twitter and Google has something for the day and swing traders and longer-term investors.

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