Pompano Beach, FL -- (SBWIRE) -- 01/14/2013 -- No Limit Stocks - NOLIMITSTOCKS.com covers all the latest on up and coming stocks in the market. No limit Stocks team contain experts that study and analyzes the stock market and help individuals break through the limits and make them better & more successful investors.
Facebook Inc (NASDAQ:FB) logged an upgrade from hold to buy at Deutsche Bank on Monday as rumors continue before a surprise media event for the social networking company.
Deutche Bank analyst Ross Sandler commented that Facebook has more revenue impetus than any firm they provide coverage for moving ahead into 2013.
How Should Investors Trade FB Now? Don’t Miss out a Special Trend Analysis
Sandler further stated that the firm’s mobile newsfeed advertising is the game-changer, however the ramp up is taking place much quicker than their initial forecasts and they see many new catalysts emerging. He is anticipating ad growth greater than 40% in 2013, which is more bullish than his competitors, he stated.
So far today, Facebook Inc (NASDAQ:FB) shares lost -1.42% to $31.37 while the stock is changing hands within a range of $30.62 – $32.21. In the past year, the stock has traded between $17.55 and $45.00. Its average daily trading volume is 67.76 million shares.
Has FB Found The Bottom and Ready To Move Up? Find Out Here
Looking at other stocks in the same industry, Groupon Inc, Youku Tudou Inc and Tucows Inc. are in the gainers list. Let’s have a quick look on their Market performance.
Groupon Inc (NASDAQ:GRPN) shares are up +0.75% to $5.39 while the stock is trading within the range of $5.31 – $5.59 in the current trading session. In the last 12 months, shares have floated between $2.60 and $25.84. This stock, on average, has trading volume of 15.99 million shares.
Will GRPN Continue To Move Higher? Find Out Here
In this session so far, Youku Tudou Inc (ADR) (NYSE:YOKU) shares moved up +2.05% reaching $22.42. The stock is trading in a range of $22.00 – $23.41. In the last year the stock has moved within a range of $13.82 – $32.75. The Company’s average daily trading volume is 2.92 million shares.
Why Should Investors Buy YOKU After The Recent Gain? Just Go Here and Find Out
Another rival company, Tucows Inc. (USA) (NYSE:TCX), is trending +6.25% higher to $1.70. The stock price is hovering in range of $1.65 to $1.75. In the previous 52 weeks, shares price ranged between $0.75 and $1.75. Their average daily trading volume is 114,588 shares.
For How Long TCX will Fight for Profitability? Read This Trend Analysis report
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