$Meta Platforms, Inc.(META)$ $Twitter(TWTR)$ I'm glad Meta is finally climbing up again. I don't understand why folks were blasting Meta as a bad company.The problem with them is really over spending.If folks simply see how much FCF they bring to the table on annual basis they would be amazed bc it is enormous by many standards.The issue is spending.Their working on controlling costs by slashing unnecessary jobs and narrowing their strategy on their core business not Metaverse...for now.Lets not forget,We're heading into the Super Bowl in a month which is a huge time for Advertisers to come in. Yes, they've said their cutting budgets but they can't afford to lose out on the global impressions during this sports live event.Meta is going to bring back those same advertisers like Pepsi, Coke, Taco Bell, Dunkin Donuts and more!Just today, Twitter is opening up the coffers for Political Ad spending from PACs.Facebook will certainly follow the same as the big Political season is around the corner and Politics spend alot of $$$ overall.Meta won't turn their backs on this pipeline of REVs in the future.So again, Meta is primed for more positive movement for the next 2 to 3 QTRs as we head into 2024 election season that should begin in Q4 2023 to prepare for the Primary election season.Stay Patient w/ Meta!Its a cash cow!GL to All!
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