Meta Platforms: Still A Fantastic Business At A Good Price
- I regret selling Meta Platforms too early, missing out on significant gains as shares surged from $98.45 to $559.60.
- Meta's quarterly revenue hit a record $40.59 billion, driven by a surge in advertising revenue and user growth, especially on the Threads platform.
- Despite heavy losses in Reality Labs, Meta remains attractively priced due to its strong cash flows and substantial returns to shareholders.
- While the easy money has been made, Meta's growth and financial health justify maintaining a 'buy' rating for now.
Derick Hudson
If you haven't had any regrets from your investing journey yet, it just means you haven't been investing very long. We all end up making mistakes, and I don't know about you, but those mistakes stay with me. Back in October of
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.
- KSR·11-29👍LikeReport