$Meta Platforms, Inc.(META)$ $290 in a heartbeat when market takes a dump. Upside for META is no more than 20% within the next year and the chances are slim. Downside is more likely to be 50% and could be 85%. For people buying or holding META, ask yourself what does META has? Facebook is a shell that is constantly shrinking. Nobody buys their VR products. Meta is ridiculous concept that is already dead. And AI? What AI? META is so behind Microsoft, OpenAI, and Google. META has nothing to back a stock price above $50. It's massively hyped my Fidelity, Vanguard, and other funds. Check the holdings of the Contra Fund, it's doing well because all the hyped stocks are up. If it doesn't exit on time, it will be the worst performing fund for the decade. All odds are against META at this point.
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