$Meta Platforms, Inc.(META)$
META multiple is not richly valued. At best fair value to undervalued here.
If META is richly valued then apple is through the moon at 10X sales and PE in the 40's with low single digit growth.
META is an asset light business with incredible net margins that very few businesses share. If they are investing for the future in AI as an investor looking out 10 to 20 years we should all want that.
I continue to see stickiness in Facebook, Instagram and whatsapp. Llama AI could be one of the most used AI's as this all shakes out since FB can put it front and center to half the worlds population
Adding to my position. I continue to bet on Zuckerburg. He's proven to be an adept CEO and manager who's willing to pivot resources on a dime when he needs to.
I've upgraded META to strong buy.
That's what makes a market
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