Facebook Stock May Rise 20-50%, Gamco's Haverty Says

Larry Haverty, a fund manager at Gamco Investors Inc., talks about the business outlook for Facebook Inc. (FB)

Facebook posted sales that topped analysts’ estimates after getting business customers to adopt new tools that deliver advertisements to users of handheld electronics. Third-quarter sales rose 32 percent to $1.26 billion. Haverty also discusses the prospects for Zynga Inc. (ZNGA) and Apple Inc. (AAPL) He speaks from Newton, Massachusetts, with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

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