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Just Because Facebook Has 2 Billion Users Doesn’t Mean There’s No Growth Left (2017)

May 19, 2023
in Trade Tube
Reading Time: 1 min read
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It’s hard to imagine any more user growth for Facebook FB now that over 2 billion users are on the platform.

But Brad McMillan, chief investment officer at Commonwealth Financial Network thinks the monetization per user has more room to run.

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Though McMillan thinks there are other opportunities within the tech sector that are not FANG, including hardware and tech infrastructure companies.

FANG is an acronym for Facebook, Amazon AMZN , Netflix NFLX and Alphabet/Google GOOGL coined by TheStreet’s Jim Cramer.

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