Facebook: Watch This
Facebook has a new product with far more potential than a digital coin.
Facebook Watch now has a MAU base of 720 million that far tops other social platforms.
The video streaming service is forecast to top $5 billion in annual revenues.
The stock has already rallied $30 off the monthly lows suggesting an ideal entry will come after a pause.
While the market is focused on the digital coin hype, Facebook (FB) has a hot new product that is already generating substantial revenues. The key to success in the large-cap tech space has traditionally centered around products that keep the company true to their core. Facebook has hit on a winner with Facebook Watch, which is a similar ad-supported product that is boosting growth.
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