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Tech earnings lead market declineOil and tech leads markets higherMarkets give back despite earningsOnline ad revenues are killing it, and Reels is ahead of plan and will eventually rival TikTok. This stock should not have fallen this much after reporting.
They reported great earnings, but the market focused on one line about consumer product advertising pulled back right after the Israel-Hamas war, but that number is already coming back.
Great foundation of users. Lots of great products. Little concerned on Metaverse interest. Not investing at this time. Ability to generate cash is strong in software business.
He just added more shares. Yesterday, their earnings were great
Trading at 19x PE, will have 24% earnings growth in 2024, then 17% growth in 2025 and are doing great cost-cutting. Is still a great business. Selling recently has been to rebalance portfolios and take some profits.
They report tonight--it'll be about their AI and their meta content library. It's had a great run this year, and he targets $371. Last time they reported they bear earning by 15 cents, so they must match that this time. Add a tranche at $290 and a final tranche at $265. Wouldn't go all in.
He sold it and has never bought it back. Trading at a decent 20x earnings. Sold it because the metaverse spending, which they got religion on that, and they reduced their workforce. Amazon is catching up quickly in digital ads, though. Meta has good opportunities in Instagram and Whatsapp, but have to monetize that. Shares have moved up because of cost cuts. Not sure about their future earnings, but their cost structure is much better.
Compelling price to growth. He models 20% growth, trades at 18x. You, can buy that all day long. Not to say it won't go down in difficult environments like this. Last quarter double-digit revenue growth, earnings beat, # of users beat.
She sold some of her shares. The top 10 S&P stocks trade at 25.9X PE, while all the rest is 16.7x. The gap is too wide.
Megatech offers investors resilence in a higher-for-longer interest rate environment. Not not-profitable tech or consumer discretionary. Energy is another sector that offers this confidence, but no other sectors.
They delivered amazing numbers in their last report, crushing the numbers, to show how much money they can make in advertising. He expects the first of many great quarters, but traders think it's done. Wrong. Buy now.
The market is okay, not great nor bad, and it's a trading market. Meta was down $9, so he bought a trading position after shaving it a month ago.
Meta Platforms Inc / Facebook is a American stock, trading under the symbol META-Q on the NASDAQ (META). It is usually referred to as NASDAQ:META or META-Q
In the last year, 52 stock analysts published opinions about META-Q. 35 analysts recommended to BUY the stock. 15 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Meta Platforms Inc / Facebook.
Meta Platforms Inc / Facebook was recommended as a Top Pick by on . Read the latest stock experts ratings for Meta Platforms Inc / Facebook.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
52 stock analysts on Stockchase covered Meta Platforms Inc / Facebook In the last year. It is a trending stock that is worth watching.
On 2023-11-29, Meta Platforms Inc / Facebook (META-Q) stock closed at a price of $333.29.
They've had an incredible run the past 12 months, a huge bounce, with a small cup-and-handle chart in the past two months. It hasn't broken its last low. Short-term, it's overbought and expects a pullback to $300. If it indeed pauses, it could break up further.