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2022-04-30

Will recommend $Meta Platforms, Inc.(FB)$ to him. Meta is dominant in the world of digital advertising, and analysts expect double-digit revenue growth in 2022 and 2023. The stock still hasn't recovered from the sell-off following its February earnings release, in which FB revealed both an expected 2022 revenue headwind from  $Apple(AAPL)$iOS privacy changes andnloss incurred by its metaverse division, called Reality Labs. While these are legitimate concerns, it's still awfully rare to see a FAANG stock trading for 16 times earnings, as FB does now. Plus, while the metaverse pivot may be expensive and rocky, CEO Mark Zuckerberg has put up a fantastic track record for shareholders, and other rocky pivots in the company's history – perhaps most notably the shift to mobile in 2012 – were eventually rewarded.

@TigerEvents

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Comments

  • CyrilDavy
    2022-04-30
    CyrilDavy
    hen market bounce , this will rip to $215+, too many shorts , they know how to wipe out the puts, open 210 on Monday.good luck to all.
  • CatherineGunter
    2022-04-30
    CatherineGunter
    just read the nasdaq finished its worst month since 2008. no where to go but up from here. we managed to outperform the nasdaq on a terrible day. love my chances for Monday.
  • EmilyMark
    2022-04-30
    EmilyMark
    You got to be a tard to be bullish on anything tech in this current Macro. Horrible risk reward for bulls here. Back under 180 soon.
  • prestomanik
    2022-04-30
    prestomanik
    maybe have to see how their metaverse comes up to see if they can make a comeback
  • Ashish
    2022-04-30
    Ashish
    not happening
  • ramondk
    2022-04-30
    ramondk
    Hold for long term
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