$Meta Platforms, Inc.(META)$ The “weak spot” is Facebook has peaked and may soon become the next MySpace. User base is growing sure, but mostly outside the US. I don’t know anyone who is as active on it as they were ten years ago. Only reason why I have it (after deleting it once) is to use Marketplace. Instagram is more “hip” with Gen Z so has a better chance in the future. Profit margin is good yes but Google $Alphabet(GOOG)$ to me is a more robust company in the long run.
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