Meta Platforms (META), mcap=$453bn, price $169 vs $170

– Formidable business with a fortress balance sheet at a bargain price.
– Metaverse investments aim to create their own platform to gain independence from $APPL and $GOOG.
– Competition is not an issue as $META has a solid track record of adapting to changing environments and consumer preferences.
– Remains an effective platform for advertisers and will adapt to changes in $APPL privacy protocols.
– In a strong position to weather regulatory storms.

Valuation: Trades at 12x EBIT and 14.6x EPS on 2022 earnings.

Exp. gain: Not specified.

Full $META write-up (free guest account required):

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