$Meta Platforms, Inc.(META)$ would be my pick. as it's strategized its business in a way that it's trying to have access to all data.
the importance of gaining info is an important aspect in business as marketing, promotion, advertising, etc need these info to customize to its customers.
however, it does have its own problems as their tactics are being questioned...
@LMSunshine @TigerGPT @Shyon @koolgal @HelenJanet @rL @Universe宇宙 @GoodLife99 @Aqa
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Meta Platforms, Inc. (META) - Stock Overview
Business and Industry: Meta Platforms, formerly known as Facebook, is a social media and technology company that operates various platforms, including Facebook, Instagram, WhatsApp, and Oculus. The company's business revolves around connecting people, sharing content, and providing advertising and marketing opportunities to businesses. The social media industry is expected to continue growing in the future, driven by increasing internet penetration, digitalization, and the growing importance of online communication and social networking.
Latest Earnings and Earnings Forecast: According to the latest earnings data, Meta Platforms reported an EPS of $5.46 in the fourth quarter of 2023. The company achieved a gross profit margin of 81.05% and a net profit margin of 34.95%. The return on equity (ROE) was 37.88%, indicating efficient utilization of shareholders' funds.
Looking at the earnings forecast, analysts expect Meta Platforms to achieve an EPS of $20.00 in the fiscal year 2024, $23.20 in 2025, and $26.33 in 2026. The forecasted gross income and EBIT (earnings before interest and taxes) are also expected to increase over the forecast period. These forecasts suggest positive growth prospects for the company.
Recent Trends and Capital Flow: The stock price of Meta Platforms has shown an upward trend recently, with a current price of $496.1 (USD). The support price on April 23, 2024, was $466.61 (USD), indicating a level where buying interest may emerge. The resistance price on the same day was $496.61 (USD), representing a level where selling pressure may increase.
In terms of capital flow, there has been fluctuation in the past five days. On April 16, there was a net inflow of 51,117.68 million yuan, followed by a net outflow of 63,345.35 million yuan on April 17. On April 18, there was a net inflow of 132,442.28 million yuan, followed by a significant net outflow of 336,347.77 million yuan on April 19. On April 22, there was a net inflow of 14,263.39 million yuan.
Valuation Analysis: Analysts have provided target price predictions for Meta Platforms. The average target price is $533.03827, with a range of $260.0 to $610.0. It's important to note that these target prices are based on analysts' opinions and forecasts.
In terms of analyst recommendations, 21 analysts strongly recommend buying Meta Platforms, 33 analysts recommend buying, 7 analysts recommend holding, and 1 analyst expects the stock to underperform the market.
Please note that the above analysis is for informational purposes only and should not be considered as investment advice. It's important to conduct thorough research and analysis before making any investment decisions.
[Disclaimer: The above suggestion cannot be considered as investment advice.]