Bullish on Meta Platforms amid undervaluation and AI investment

2 months ago

"So the first one I want to look at is Meta Platforms. In the past 5 days the stock is down roughly 5%. Now year to date Meta Platforms is nearly flat only sitting 3.8% growth. Now regardless I think Meta Platforms had a great earnings and they share a lot of great insight obviously because of some tax issues. There were two tax laws we saw kind of that hit in earnings per share but I do believe the market is overreacting if that's the reason they don't like the stock or maybe even the overinvestment in AI. I really do enjoy Meta Platforms right now."

Meta Platforms is seen as undervalued compared to its historical median PE and has strong earnings performance, with significant investments in AI infrastructure countering tax-related concerns.

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