Meta Remains a Buy Despite Rising Cost Growth

3 months ago

Jeremy Lefebvre

"Now when it comes to Meta, Meta, the revenue growth is insane. Like Meta's got the second strongest revenue growth of any of the Mag 7. The issue with Meta is they, you know, Zuckerberg's really running up those expenses. If we can get the cost growth under control, then you'll see at $1,000 next year. So meta remains a buy."

Meta is regarded as a buy due to strong revenue growth, but investors need to watch rapidly increasing expenses, which if controlled, could propel the stock to $1,000 next year.

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