For those who forgot, the $38 IPO price set for Facebook stock was more than cut in half during its first few months on the market. And shares of FB stock regained only a little ground to be worth just over $26 when 2012 came to a close — a nearly 30% fall from the initial offering.
But by 2013, Facebook has ramped up its monetization and mobile efforts, and FB stock began taking off as a result. Shares of FB stock have more than doubled since the start of the year, recently hitting an all-time high of just under $56.
Of course, past gains are past gains, and the question now is whether FB stock can keep that climb going heading into 2014 — especially as competition heats up in the social space and many fear that Facebook is losing the “cool factor” it once had.
So, we asked top InvestorPlace contributors if they think Facebook stock is a buy in the new year. And as is the case with the actual Facebook site itself, it seems that most people either love or hate FB stock. Take a look: