Meta Platforms, Inc. (META)

Has done a tremendous job with millions of active users, but you are trading at 60 times earnings. It is a glamour stock. She is on the sidelines. Daily user activity amongst teenagers has actually declined. Huge red flag.

Twitter (TWTR-N) or Facebook (FB-Q)? He is going to throw a curve on this one. Buy Google (GOOG-Q) instead. These 2 are wonderful companies and is very exciting that they have gone public. This is the new society that we live in and it is wonderful that these companies are going public, but we have to be very careful with their money and make sure we are grounded in terms of our investments. At best, these companies are growing into their valuation and it may take a good long time to do it, if they do it.

Had a bad IPO. Comfortable buying it back in the $20s. He modeled it out very conservatively and now targets in the high $40s. He is holding it and their future roll out of video could really boost revenues.

Doesn’t believe it will ever materialize into the revenues that some people believe they will. It would have to be speculative money because it could correct 30-40%.

There is always going to be advertizing dollar competition and Twitter and Google are doing that. He would go for Google. They have been on a momentum tare. Google is the senior one and is doing it rather than having the promise of doing it.

Likes it. Has doubled in 6 months when he last recommended it. Impressions are great. Return on investment to the customers are about 4 times. He is seeing numbers as high as 20 times. This and Google are probably your two best companies to capitalize on mobile impressions. FB can start charging more now. 20% of time on Internet is with Facebook.

Serious momentum in the last month and a half. Is a momentum name so doesn’t fit his formula. It’s a bit too rich. Watch out for significant costs over the next few years to build out. It’s a new world so you understand as much as you can about this sector. Thinks Twitter IPO will come out on pace with FB but he probably won’t buy it.

Thought it was undervalued a little when it was starting to get the mobile revenue coming in, but he is a little astounded at how well the stock has acted. He is still Holding and hasn’t added recently. Thinks they have a good market niche. To own this one, you really have to believe in the future.

Buy the stock and Sell Dec $52.50 calls at about $3.30. The option premiums on this stock are very expensive right now. If it is called away, your return is about 10% over the next 3 months. You have some downside protection, so you reduce your costs down to about $45.70.

There is no question that they have a lot of viewership and are monetizing but valuation is very high. Very competitive space. Had a big, big run and there will be more insiders selling as the lockups come off. He’d rather own Google (GOOG-Q) that is trading at a very reasonable price multiple of around 17 times.

He wouldn’t regard this one as an investment, but more of a trading stock. Chart shows a sideways move from December to July followed by a breakout. If you are trading, you can use short-term moving averages. As a day trader, you would be looking at 15 minute charts. The patterns on these are the same as you would see on a daily, weekly or monthly charts.

This is a stock that he would not own. Too many changing dynamics as to what the IT stock is and this one is the IT stock right now. Doesn’t understand where the advertising pop is happening. Has been a lot of enthusiasm around their mobile strategy. Thinks the Street is looking for someone that can monetize the advertising space in mobile but he is not sure this is it. Looks very expensive.

Has zero interest in this. Doesn’t buy anything that hasn’t been around for at least 10 years.

There is one thing going for this company and that is it is now trading above its new issue price of $38. When a stock is trading above its new issue price, it probably has higher highs ahead of it. If you own, support it with some kind of stop loss and continue to hold.

Sentiment is pretty positive. They had a blow out quarter with revenue and margin growth. They are clearly doing things right. Investors get caught up in great stories because they are exciting. The flip side is the valuation. She can’t get her head around a 60 times this year’s estimate for valuation.