Meta Platforms, Inc. (META)

He wouldn't be surprised if this pulled back after rallying 13% in the quarter. There's some excess. But this company is proving itself; its revenue growth is exceeding peers, namely Alphabet at 15% vs. Meta's 27%. This justifies Meta's richer valuation. Lean into any price correction.

Making an intra-day high today, but remains off its 10-year multiple. It continues to be a great hold, a proven winner. If you believe in AI, you want Meta to spend on capex.

Making an intra-day high today. Momentum now is driven by it being an AI play. But look at the fundamentals: a 3% free cash flow yield, not 5% anymore, and trading at 23x PE. Is this sustainable? How much will they spend on AI? Will their efficiency result in huge spending? Consider trading some of this. She holds a huge position.

It shed $251 billion in market cap on Feb. 3, 2022, but has since rallied 116%, beating the S%P's 23%.

They lead in online mobile ads that Facebook can bundle with their other apps and sell to advertisers, all at a market multiple. He sold this and bought it back recently. 

Many feel the mag 7 are overvalued, but Meta deserves credit for having a real return on investment on AI.

The problem is that shares have gone up so much that people are selling to buy small/mid-caps. Shares could get even cheaper.

He's done well with it, though they went off-course with the Metaverse which he never understood. But they're back in course by watching their spending and solid revenue generation. They continue to surprise on the upside.

They own it along with other big techs. It is not cheap but is the cheapest of the big techs and is growing at a good speed. The CEO has been doing the right things including a previous big layoff and the company is now fully into AI.

Shares have been rallying because the last several years, management reigned in spending and started a strong capital allocation strategy. This is consistent with the other Mag 7 companies. The street has rewarded Meta for this. The market comes down to these companies continuing to grow revenue.

Generally, there are AI applications to come to the Mag 7 companies. Nothing new has happened to Meta in the past month that investors don't already know. That said, an analyst just raised Meta's price target, but that remains too low though reasonable at 25x PE.

Two big Chinese advertisers reduced advertising on Meta, but he expects other advertisers to come in and expects a stock split.

Has fallen ~18.5% the past few months. Yet - company is rebounding. Could be a good time to buy. 

There is still lots of spending on AI which is still in the early stages. It has done an incredible job of migrating to online and mobile advertising and is a dominant player. The productivity for advertisers using these platforms is increasing dramatically. It has many applications and is trading at a multiple of only 20 times.                 Buy 62  Hold 7  Sell 2

They just reported a sizable top and bottom line beat and 7% user growth, but shares are sinking 15% after hours because their near-tear and full-year guidance came in light to the street. Compare this to Tesla which missed numbers including negative free cash flow, but CEO Musk sold the quarter well.