Meta PlatformsLong
FB-Huge upside move coming
Updated
FBMeta Quarterly Results Beat On Earnings But Short On Revenue
Meta Platforms stock jumped as the social media company reported first-quarter results after the market close that beat earnings estimates, but missed on revenue . Facebook’s main social network added more users than projected in the first quarter, potentially staving off concerns that the company is losing momentum as a new generation flocks to younger sites like TikTok.
And when they own 80% of the world's internet population you are pretty saturated, so the temporary decline in the active users shouldn't be treated as a big thread and the 170-200 diapason is a fair value to buy a piece of this giant with possibly more than 50% upside move to the path which can be reached within a year. And the big investment they made into Metaverse still needs time as it is not something that is going to develop in the next quarter or next year. It is a five to ten-year evolution and when this investment starts finally bring revenue it will be a unique asset to the company just as Warren Buffett says successful investments are often companies that are low-cost producers or that own powerful brands.
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