Meta Platforms - META Stock - Collapses On Future Projections
Here is a full analysis on Meta Platforms and why META Stock is a value investment, but will still go lower.
After its earnings release after the bell last night, META stock dropped some 15% in after hours trading. However, Zuck & Co. stated they would see increased revenue gains and earnings moving forward - I had to adjust future projections. Despite the increase and positive outlook, META stock’s move lower is substantial. More than likely, there will be more selling to come even after the big drop today. The reason: Chasing yield.
META stock was pushed too high, too fast. Now, the economic landscape that Meta Platforms and all other stocks are going to operate in is shifting with interest rates on their way higher. The differential means you have lower-risk investment opportunities during a period when economic activity is likely to be constricted.
But, that dire prediction should not deter value investors. Instead, with a potential drop in Meta stock in the near term, look at this as an opportunity to buy an excellent value investment with continuously increasing financials at a bargain rate.
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