Dan Ies Calls Meta a 'Table Pounder' and a Buy Opportunity Below $600

2 months ago

Dan Ies

"Look, I think Meta is a bit of an outlier just because, you know, obviously how dramatically more they're going to spend on capex and what happened to numbers going into next year. But in my opinion, Meta is a table pounder here and I think below 600 because it's my view, they're transforming this business over the coming years. Zuckerberg right now wartime CEO. I get, you know, fretting about everything that's happening here, but this is an AI arms race, but I continue to view it as you want to see them spend because you're talking about the earnings growth over the coming year is going to be massive."

Dan Ies offers a contrarian view on Meta, labeling it as a 'table pounder' with transformational potential despite heavy capex spending. He argues that with its current pricing below $600, Meta presents a buy opportunity, banking on significant earnings growth spurred by ongoing investments in AI.

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