During our webinar “3 Rising Stars”, we discussed three rising US stocks and their potential for growth. We ended up picking one of these stocks for our Smart All Stars portfolio.
A snippet of the video is shown above. You can view the full webinar
here.
It’s been two months since our webinar, and there have been some interesting developments with one of the trio.
The boycotts
In recent weeks, the social media giant,
Facebook (NASDAQ: FB) has been bombarded by a maelstrom of boycotts from numerous advertisers.
It all started when Facebook allowed content that could incite violence against protestors, in the wake of the tragic George Floyd incident in the US.
As of last week, more than 750 advertisers, including big name companies such as
Coca-Cola (NYSE: KO),
Hershey (NYSE: HSY) and Unilever have temporarily paused their advertising on Facebook.
As the movement catches on, the list is set to grow longer as more companies join the movement....