Facebook's Plan to Monetize Instagram is an Opportunity Right Now
Shares of Facebook have been under pressure in recent weeks, along with several other social media stocks. While Facebook's recent purchase of Oculus VR was controversial, RealMoney Pro contributor Chris Versace says it's important to keep in mind potential catalysts for Facebook, like its plans to monetize Instagram, which just passed 200 million monthly active users. Versace says the fact that Facebook's shares have been weighed down in the last couple of weeks is an opportunity.
Christopher Versace writes the "
" newsletter and "
" trading service, which both use a thematic investing perspective that ties in economics, demographics, psychographics, technology and more. He's also the host of
PowerTalk
, a weekly podcast that features conversations with public and private management teams, as well as other thought leaders, for the benefit of both individual and institutional investors.
