META Fair Price
My Notes
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Have a nice morning,
I've been thinking about big companies lately. There's no doubt they are expensive, but I'm kind of wondering after the way they're climbing up even in January if $MSFT $AAPL $META or even $ASML will ever go down significantly in the next few years or just march further up. What do you think? Is this just a bubble or not?
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And just with these companies and in this situation, I don't think it's a bubble. ASML may have jumped quite a bit after the results, but FY24 is not supposed to be the best year for this company and the company and analysts are expecting a decline or stagnation. I believe the stock will fall this year and I will be very happy to overbought. The following year 25 is supposed to be a breakout year for ASML in a good way. Google is not at its worst price either. I definitely wouldn't buy, but I would overbought around $120 already. I'd say Google is the cheapest of the top tech stocks.
I was surprised by a piece of news on social media today. The company $META introduced a monthly payment (for us 299 CZK/month) for their social networks without ads or you can still use it for free, but you have to agree to customize the ads, so they take quite a bit of information from you. Interesting move to "get around" EU regulations while continuing to benefit from ads...
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I don't really like the idea either, and as others have written here, most social networks are time guzzlers and not good for anything. However, it's a clever move to get around it.
Investors, which companies' results will you be watching next week?
I'm very interested in the results of $MMM, $KO, $MSFT, $GOOGL $WM, $META or maybe $AMZN. Next week will be very interesting as far as company results are concerned and I'm very interested and looking forward to the results of several companies.
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This week is going to be big, there is a lot of it, but most of all I am waiting for info around $ENPH where it has already fallen quite a lot and where I am quite invested, so I wonder what the next drop will be, which I rather expect, but hopefully not so big.
Big tech companies are "threatened" by the European Union + Apple is now in trouble in China.
Amazon $AMZN, Alphabet $GOOG, Apple $AAPL, Microsoft $MSFT, Meta $META and ByteDance (is a Chinese internet technology company) now have six months to comply with stricter market rules.
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I don't really get it and it annoys me terribly ( to put it politely). As soon as a country, or in this case the EU, needs money it goes after companies that are doing well. It pisses me off that when a country or the EU needs money and they have a huge debt they go after these companies. Otherwise, I'm not worried about Apple. Apple will and probably already is building factories in India and will target India, so I don't see a problem there.
The best-performing S&P 500 stock so far in 2023:
Nvidia $NVDA +231.9% Facebook $META +146.3% Tesla $TSLA +98.9% Royal Caribbean $RCL +97.7% Carnival $CCL +95.2% PulteGroup $PHM +81.5% General Electric $GE +74.7% Palo Alto $PANW +73.9% West Pharma $WST +73.2% AMD $AMD +69% Adobe $ADBE +67.4% Salesforce $CRM +67.1% Lam Research $LRCX +67% Amazon $AMZN +64.4%.
Were you able to...
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Meta is expensive even for free... when they show how their Threads are really doing, maybe they'll finally go to hell....
The SP500 index is up over 14% for the year, which is very respectable. The $SPY is up this year mainly due to technology stocks, which are up tens of % this year and some are even up over 100%, such as $NVDA or $META. The SP500 is rising this year mainly thanks to $AAPL, $MSFT, $NVDA, $META, $AMZN and $GOOGL. However, the question is whether these technology stocks will...
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Guys, what was the worst investment you've made in your investing career? I mean, the biggest realized or paper loss. I'll go out on a limb and say that mine was an investment in $META which I sold at about -50% (but luckily I got out fairly early at the time and transferred the money to a company that made even more) :D So, what's gone wrong on your investment journey? :)
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Since I started investing recently, luckily nothing like this has happened to me yet :). I'm trying to invest really long term and don't want to sell too much. However, I'm sure those losses and bad investments are still to come.
Technology stocks are up tens of % this year, some by more than 100%. For example, $META stock is up 140% for the year and $NVDA stock is up 180%. I'm increasingly regretting not buying tech stocks sooner and buying more of them. However, I still bought some tech stocks. I was buying $AAPL stock at $133 and then I was still buying $GOOGL stock at $98.
What tech stocks do you...
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So today we go to Meta Platforms $META with the results!
In an exciting week of events after yesterday's close, another big company gave us a glimpse into its performance and the results exceeded expectations. Congratulations to those who are holding or possibly put a call option yesterday. 😊
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Great, thanks for the recap. The results are really great. I would like to include $META stock in my portfolio, but the price is really high at the moment.
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I confess, I sold too early. 😔 But who knew. 130% YTD and almost $300 limit. 🙈 Maybe time to throw a short? 😏
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A correction, yes, but I don't think we're looking at new lows from last year.
I have to say that META really surprised me