META

Meta Platforms Inc - Ordinary Shares - Class A

TMT


Presented:12/09/2022
Price:$115.90
Cap:$307.33B
Current Price:$586.27
Cap:$1,483.16B

Presented

Date12/09/2022
Price$115.90
Market Cap$307.33B
Ent Value$349.05B
P/E Ratio11.04x
Book Value$46.56
Div Yield0%
Shares O/S2,651.67M
Ave Daily Vol45,643,844
Short Int1.54%

Current

Price$586.27
Market Cap$1,483.16B
Meta Platforms, Inc., engages in the development of social media applications. It builds technology that helps people connect, find communities, and grow businesses. It operates through the Family of Apps (FoA) and Reality Labs (RL) segments. The FoA segment consists of Facebook, Instagram, Messenger, WhatsApp, and other services. The RL segment includes augmented and virtual reality related consumer hardware, software, and content. The company was founded by Mark Elliot Zuckerberg, Dustin Moskovitz, Chris R. Hughes, Andrew McCollum, and Eduardo P. Saverin on February 4, 2004, and is headquartered in Menlo Park, CA.

Publicly traded companies mentioned herein: Meta Platforms Inc (META)

Highlights

The presenter is long shares of Meta Platforms Inc (META), viewing it as one of the easiest internet stocks to own over the next year. Q4 numbers look fine, and while Q1’23 remains a concern for everyone involved in the consumer sector, META’s recent and ongoing product wins should help it outperform peers in an environment where ad dollars are constrained. Ultimately, it seems like revenue and costs will trend in the right direction next year, and there aren’t many other internet stocks positioned similarly. 

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Idea Discussion

Commentor 1 - 2 weeks ago

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