Albert Chen's Contributor Page
Last Updated: July 18, 2020 (Prior to the 2Q2020 earnings release).
View: Bullish
Model description: I am bullish on Facebook for the 2Q2020 earnings season due to several reasons. Facebook has undoubtedly experienced an increase in monthly active users since the COVID-19 pandemic hit worldwide. As businesses shut down and people are unable to work, the number of users on Facebook has shot up; people are much more likely to be at home on their computers in a quarantine setting than in normal times. At the same time, business owners are unlikely to pay Facebook for advertisements during quarantine because there's not much business activity going on anyway. And although there are boycotts and political obstacles currently hindering Facebook's revenue from advertisements (due to a lack of partnerships), I believe the dramatic increase in monthly active users offsets the decrease in advertisement partnerships....click here to continue reading
View: Bullish
Model description: I am bullish on Facebook for the 2Q2020 earnings season due to several reasons. Facebook has undoubtedly experienced an increase in monthly active users since the COVID-19 pandemic hit worldwide. As businesses shut down and people are unable to work, the number of users on Facebook has shot up; people are much more likely to be at home on their computers in a quarantine setting than in normal times. At the same time, business owners are unlikely to pay Facebook for advertisements during quarantine because there's not much business activity going on anyway. And although there are boycotts and political obstacles currently hindering Facebook's revenue from advertisements (due to a lack of partnerships), I believe the dramatic increase in monthly active users offsets the decrease in advertisement partnerships....click here to continue reading
| FB Earnings Model (Albert Chen).xlsx |
Albert is an undergraduate student at Rutgers Business School in New Brunswick (Class of 2023). He is a member of the Honors College and is double majoring in finance and computer science. He's currently a member of a finance club on campus called Road to Wall Street and hopes to take advantage of the resources, mentors, and tools that the program offers. During the summer of 2020, he is interning as an investment analyst at a search fund called Anodize Capital Partners, where he provides investment advice by screening companies and pitching the most attractive businesses to the operator of the search fund. In his free time, he enjoys spending time with his dog (Cavalier King Charles Spaniel) and hiking.
Disclosure: The author of this article/model has no financial investment or other conflict of interest related to the subject company or other companies discussed. Any views made or implied in the content represent the author’s opinions.
Disclosure: The author of this article/model has no financial investment or other conflict of interest related to the subject company or other companies discussed. Any views made or implied in the content represent the author’s opinions.