$Meta Platforms, Inc.(META)$ After its recent drop, the stock carries a forward P/E ratio of only 22 times for a company that just grew its revenue by 27% and doubled its net income in Q1.
That's an attractive price for a company that has a huge AI opportunity in front of it whose core businesses are growing strongly.
So yes, this is a great time to jump in and buy Meta's stock on this dip.[Sly][Sly][Sly][Wow]
AI Companies and Industry DIG
AI is a marathon, not a sprint, it's a mega trend. Please share you Insights or comments on companies or technologies of AI industry.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments