HomeMarketsIndicesMETA: A Risky Bet Or Strong Fundamentals?
META: A Risky Bet Or Strong Fundamentals?

Sentiment is weighing on the stock, but the fundamentals remain strong, says Doug Astrop on Meta Platforms (META). He and Knox Ridley discuss META as its shares fell to its lowest levels since March 2020 last week. Knox points out that it is very risky to bet on META's pivot into the metaverse as a way to fill the top line hole from losing its data. They then go over the long-term outlook for META, as well as the best positioned tech stocks.

Trading 360

19 Sep 2022

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