So meta is expected to earn 12.3 this year and 14.5 next. That’s 20% growth. A multiple of 20 on this years earning yields a stock over 240. Normally a 20% growth yields a multiple of 30-40. So I’m trying to understand the logic in comparing this to Netflix which is expected to earn less this year and next yet trades higher than Facebook even after this selloff. These are two very different companies. Facebook is branching out Into meta. What does nflx have to look forward to besides more competition and pricing pressure.$Meta Platforms, Inc.(FB)$
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