SG Talk

Full Version: Meta (formerly known as Facebook) stock performance
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1. Stock nose dive after poor earnings...and sank for a few days.
2. Stock hit bottom and staged a slow recovery.

Market cap now is $600B. It has 60B in cash and brings in $50B cashflow per year.

Even if its business stays flat or decline slowly you should be able to get a double digit return from your stock. 

The only scenario is the business declines rapidly...in that case you will see stock price declines.

As of last quarter Meta loss of users came at less that 0.5%. The revenues declines due to privacy settings iPhone  
disabling targeted ads.

At the current stock price the bar is set very low for Facebook aka Meta. ...it just has to make sure 

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dun any how play play hor. another one identified by my zun zun predictor