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Stocks bought largely on expectations of future growth in share price because the underlying business is promising. In contrast to well run businesses that pay
by rubiquity 4y ago
Stocks bought largely on expectations of future growth in share price because the underlying business is promising. In contrast to well run businesses that pay consistent dividends to shareholders. Right now FB is neither a growth stock nor a value stock, and that's bad because as revenue declines so will share buybacks.