Meta Platforms a Buy after recent big pullback

2022-02-09

$Meta Platforms, Inc.(FB)$Current price of ~US$220 serve as a good entry point for accumulation. Forward PE of under 20X is a low valuation for Big Tech stock.

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Comments

MatthewWalter
2022-02-12
MatthewWalter
IBM spends about $6B a year on R&D which is about 5 or 6% of its market cap. Facebook's $10B on R&D on meta is 1.6% of its current market cap.
EmilyMark
2022-02-12
EmilyMark
FB will almost certainly test the recent multi-year low, and all indications are that it will fail the test.
- FranklinMorley:
  I'll be shocked if the share price stays above $200. In this environment, with zero catalysts, there's no reason to own this stock.
littlesweetie
2022-02-12
littlesweetie
Coders are now fleeing Silicon Valley companies for crypto projects - ha! That will make it even HARDER for FB to hire the tech talent needed to design their metaverse
AfraSimon
2022-02-12
AfraSimon
Hope Buffets lieutenants are looking into this once a life time opportunity to buy FB as they did with Aapl.
MyrnaNorth
2022-02-12
MyrnaNorth
bought a little more fb, the fb dooms day posters don't scare me, some of them need to take their meds though
BaronLyly
2022-02-12
BaronLyly
King Zuck is going to rebound this stock so hard you’ll be wishing you owned digital real estate in the meta verse.

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