To The Moon

$Meta Platforms, Inc.(META)$ 

Bet on still-cheap tech for strong returns

Green thus declared that “tech stocks are back” and urged punters to take advantage.

“Rotation into the right growth stocks will provide strong returns.”

He warned, though, that this is not a time for investors to “buy everything”.

“There will be big winners and losers. They must concentrate on high quality, profitable companies which can consistently maintain or steadily grow margin[s].”

And despite lukewarm results, the tech giants shouldn’t be written off.

“[They] still have piles of cash, in some cases hundreds of billions of dollars, and remain enormously profitable,” said Green.

“In addition, these companies maintain considerable user bases, world-class research and development, plus some of the smartest talent on the planet.”