Facebook Inc (FB): Do You Believe?

Look, for instance, at the resurgence of Netflix, Inc. (NASDAQ:NFLX). Given up for dead after its ill-timed price hike in the summer of 2011, the company ignored the catcalls from the journalists and it looks like much-maligned CEO Reed Hastings — luxuriating in having the best-performing stock in the Standard & Poor’s 500 index over the first quarter of this year — may wind up enjoying the last laugh on the rest of the world.

Surely, Zuckerberg has paid close attention to the unfolding Netflix, Inc. (NASDAQ:NFLX) saga — as have his legions of supporters and detractors. Zuckerberg is famously independent-minded, which is why he has scaled these exalted heights in the first place. His many backers loved him from the start because he refused to follow the pack and was determined to blaze his own path, despite the steep obstacles.

The stock market is learning to love — OK, accept — him. Fortune has bestowed upon him entry into its most exclusive club.

So, then, what’s not to like? Well, what about the skeptics who will invariably note that Facebook Inc (NASDAQ:FB), currently trading at about $28, is still closer to its bottom than its high?

Clearly, Zuckerberg & Co. still have more work to do.

The article Facebook: How Much Can You Believe in Its Comeback? originally appeared on Fool.com and is written by Jon Friedman.

Fool contributor Jon Friedman owns no stock in any of the companies mentioned in this column. The Motley Fool recommends and owns shares of Facebook.

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