Meta Platforms Inc., known as $META, has been performing well, hitting all-time highs and being considered undervalued by some investors. The stock cleared key levels like $479 and $485, with a focus on staying above $484-$485. CEO Mark Zuckerberg mentioned the company's significant investments in AI and the metaverse, totaling at least $30B. Despite the stock's rise, investors see $META as attractively valued, with projected net income of at least $52B.
On a recent podcast, Zuck said that $META is spending at least $15B on AI and $15B on the metaverse. What most investors still don't understand is that despite the big run in the stock price, $META is still attractively valued. $META is going to do at least $52B in net income…
$META is undervalued https://t.co/7axO9XbQ6V
Thanks. $meta was a nice focus after $nflx yesterday as it cleared $479 and $485. I trimmed some but will hold some. It would be solid “if” this “Stays” above $484-$485 as it got above it. https://t.co/PSgMPOsAyo
All time highs for $META today
$META ATH in coming...
$meta building above its pro-earnings gap https://t.co/xf69Vmi4g8