highhand
11-04

$Meta Platforms, Inc.(META)$  

If you are urgent, you can buy now

If you have shares and are patient, can wait 605 monthly 20ma, or 577 weekly 100ma. Unless there are further bad news for META, I don't see META dropping further than that. This is a more than 1000 bucks stock by next year. The lowest PE and forward PE of the Mag 7. 

It founder led, so Mark has skin in the game. He can be a little obsessive in his spending sometimes, but if you invest in META, you gotta trust the guy. 

GOOGL is next best to META but has run up in valuation and is no longer as attractive as when it was 200 buck. Buy the dip for Google as well when the time comes. 

META Cuts Metaverse Budget: Can it Close Its Earnings Gap?
Meta CEO Mark Zuckerberg is reportedly considering cutting the metaverse division’s 2026 budget by up to 30%. According to Mizuho analysts, if the rumored scale of the “budget cut” is accurate, it could boost Meta’s 2026 EPS by around $2, potentially driving a significant rally in the stock. After Meta’s recent earnings report, the stock plunged sharply, leaving behind a large earnings gap. If the stock manages to fill that gap, Meta could return to $750. Would you continue to hold it? Is it still a good idea to add to the position now?
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

  • Valerie Archibald
    11-05
    Valerie Archibald
    Best priced stock on the market. I'm all in today! I've been watching Meta for months...it is now a SOLID Buy! Mark my words Meta's about to rocket!

  • Venus Reade
    11-05
    Venus Reade
    latest wallstr. article - Meta is strongly undervalued!

  • TimothyBarnes
    11-05
    TimothyBarnes
    Great insights
  • AuntieAaA
    11-06
    AuntieAaA
    Good
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