Facebook, Inc (FB)’s Spending and Expenses Will Pay Back Very Soon: Ivan Feinseth


Facebook is pretty much in the news these days because of its latest endeavors in ads, mobile and apps. But Facebook Inc (NASDAQ:FB) has failed to impress the investors with its earnings report. In a program on CNBC, Ivan Feinseth, Tigress Asset Management said that despite of the disappointing numbers, Facebook Inc (NASDAQ:FB)’s best point is that it keeps spending on research and development, acquisitions, hiring and projects. He disagreed with the notion that too much spending and expenses are bad for Facebook Inc (NASDAQ:FB), and said that Facebook is still in the growth process. All the spending it is making will pay off in the future.

Another expert said that Facebook Inc (NASDAQ:FB) is just becoming a numbers game to attract eyeballs. Investors and analysts must make an in-depth analysis for Facebook in order to make long-term investment decisions.

Feinseth said that Facebook Inc (NASDAQ:FB)’s investments and acquisitions will result in increase in number of monthly users. This would pay off in the coming days and revenue per user will grow for Facebook Inc (NASDAQ:FB).

Experts said that the market cap of Facebook good and it is improving. Feinseth said that Facebook is still a buy and its stock price will improve. He said that one cannot measure and value the exact metrics for Facebook Inc (NASDAQ:FB) at this time, but the overall position and shape of Facebook is great.

Feinseth thinks that every move Facebook is making will pay out. When the company bought Instagram, everyone said that it is not a good decision, but time proved that Facebook Inc (NASDAQ:FB) was right in its decision.

 Ken Griffin holds 4.58 million shares worth $307.87 million of Facebook Inc. (NASDAQ:FB).

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