If you own META, read this…
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If you own Nvidia (NVDA), Amazon (AMZN), Tesla (TSLA), Google (GOOG), Microsoft (MSFT), or Meta (META)… You're going to want to watch this interview. In it I sat down with two of the market's leading financial experts – Matt McCall and Brett Eversole. Collectively, these men have found 457 different stock winners. They recommended many of these stocks I just mentioned… while they were trading for pennies. But right now, they're issuing a warning about these companies. One that anyone who is currently holding them in their portfolio should review immediately. Just click here to watch now. P.S. Even if you're not holding any of those tech titans, I would advise you review this presentation before you buy into the ongoing tech rally. Here's why.
Meta Platforms, Inc. (META), formerly known as Facebook, Inc., is a leading technology company focusing on social media services and products.
The company's robust portfolio includes Facebook, Instagram, WhatsApp, and Oculus, among others.
The company's most recent earnings report showcased strong financials and user engagement, reinforcing the investment potential of META.
Investment Highlights:
- Strong Financial Performance:
- META reported a net income of $7.8 billion or $2.98 per share and an operating income of $9.4 billion, reflecting a 29% operating margin.
- The company has a substantial cash and marketable securities balance of $53.4 billion, providing financial flexibility and resilience.
- User Engagement and Monetization:
- Over 3.8 billion people use at least one of Meta's apps every month, indicating a vast user base and strong engagement.
- The annual revenue run-rate across apps now exceeds $10 billion, up from $3 billion last fall, highlighting successful monetization strategies, especially with Reels.
- Innovative Focus on AI and Metaverse:
- META’s strategic focus on AI and the Metaverse positions it at the forefront of technological innovation.
- The company's investments in AI-driven products like Meta Advantage and Meta Lattice are driving results across monetization tools.
- Regulatory Developments:
- Positive developments in EU-US data transfers allow META to continue providing its services in Europe, mitigating regulatory risks.
- Diverse Revenue Streams:
- The company has diverse revenue streams, including strong business messaging revenue growth from the WhatsApp business platform.
Price Predictions for 2024
Given the strong financial performance, innovative focus, and diverse revenue streams, META is poised for substantial growth. Here are a couple of price predictions for META stock in 2024:
- Bull Case Scenario:
- If META continues its innovative strides in AI and the Metaverse and maintains strong user engagement and monetization, the stock could see a significant uptrend, potentially reaching $800 – $850.
- Base Case Scenario:
- Assuming moderate growth and stable financial performance, META could trade around $650 – $700.
- Bear Case Scenario:
- In the event of regulatory hurdles or unforeseen challenges, META might experience restrained growth, with stock prices hovering around $550 – $600.
Conclusion
Meta Platforms, Inc. (META) presents a compelling investment opportunity due to its robust financial health, innovative advancements, and extensive user base. The company’s focus on AI and the Metaverse is likely to drive future growth and solidify its position as a technology leader. While considering the investment, it is crucial to account for potential risks, including regulatory challenges and market volatility.
Wall Street Stock Picker: “Buy This A.I. Stock NOW”
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Most people will go their whole lives without capturing a 1,000% gain. But one Wall Street veteran may have cracked the code. During his career of nearly 50 years, Marc Chaikin was one of the quantitative mind behind some of the most famous investors in history: Paul Tudor Jones, George Soros, Steve Cohen, and Michael Steinhardt. Even the Nasdaq hired him to create three new indices. All because Chaikin built the Wall Street system for detecting 10X stocks. It flashed “buy” on vaccine-makers Novavax (NVAX) and BioNTech (BNTX), months before the pandemic even began. BioNTech (BNTX) quickly surged 2,188%. Novavax (NVAX) shot up 7,612%. It flashed “buy” on EV stock Blink Charging (BLNK), before it jumped 1,433%. And even RIOT Blockchain (RIOT)… right before Bitcoin shot past $60,000… and sent RIOT up 10,090% in less than a year. Since then, Chaikin's gained over 1 million followers – and one of the best reputations in the financial world. His system has pinpointed dozens of stocks that went onto soar 100% to 1,000%, often in less than a year. And today, he's doing it all over again, for the hottest investment trend of 2023: A.I. I just sat down with Chaikin for a “tell-all” interview, where he revealed the name and ticker of his favorite A.I. stock of 2023. His system flashed “buy” on both Nvidia (NVDA) and Meta (META) before their extraordinary runups earlier this year. But he says that's nothing compared what's in store for this “under-the-radar” A.I. stock. He told me, “This company just teamed up with one of the biggest power players in the A.I. industry – but you can still buy it for just one-twelfth the price of Nvidia (NVDA). The time to buy is NOW.” To see Chaikin's full prediction for yourself, simply click here. You'll get this stock's name and ticker symbol, absolutely free.
