Initiating a New Position in Meta as a Value Entry

27 days ago

Daniel Pronk

"Meta is a stock that I owned in my portfolio a while ago, and while I exited my previous position with a great gain, I now see the risk-reward as pretty impressive when the stock is trading lower. After seeing it continue to fall below 600 per share, I've taken on a small initial position because I believe the accelerated revenue growth and the results from their capex investments are already starting to pay off. If the share price remains down, I'll continue to nibble on it and build a larger position over time."

The speaker explains his decision to initiate a new, small position in Meta, citing the stock's attractive valuation after a significant sell-off and strong underlying business performance driven by accelerated revenue growth and beneficial capex. He plans to add to his position if the price remains low.

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