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Garnry: Ways to trade Facebook's phenomenal success
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If Facebook hits its quarterly earnings expectations it will yet again deliver record profits and revenue says Saxo's Peter Garnry. This could results in a 155% year on year growth in earnings per share, he says. Since its IPO shares are up almost 104%.
The driver behind some of the social network's success is mobile advertising which Garnry expects to grow. He says the company has a price advantage over some of its rivals such as Twitter.
In this video, Garnry looks at ways to trade Facebook before its Q4 results are out later this Wednesday.