Facebook could be the next $1 trillion company. Here's how

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Facebook could be the next $1 trillion company. Here's how $FB (via TradingNation)

The stock hit an all-time high Tuesday, closing at $280.82, and has roared 105% off its March low. Even after that run,

— the firm on Tuesday set a Street high price target of $330 on the stock, highlighting increased exposure to e-commerce as a major tailwind."I like the call quite a bit [but] I think actually you can trade further upside here in Facebook.

Facebook has a market cap of $800.8 billion. To top $1 trillion, its shares would need to reach $351, according to CNBC data. Only four S&P 500 companies —

 

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