Contending that Meta (META) recently delivered “the best quarter in its history,” Jeffrey Small, the President of Arbor Financial, called on investors to “definitely buy the stock.”
Small, who was speaking on Schwab Network, is also quite upbeat on Netflix (NFLX).
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More of Small’s Thoughts on META
The financial advisor does not expect Meta’s profits to fall significantly going forward, and he thinks that its investments in AI will meaningfully boost its earnings over the long term. Moreover, Small believes that the stock’s valuation is “epically low” at this point.
Netflix Is a Great Defense Against Tariffs, Small Says
“Netflix is a great stock to own if you’re concerned about tariffs,” said Small. According to the stock expert, the company issued “good” long-term guidance today, while the multiple of its shares is likely to rise going forward.
Small’s Outlook on Tariffs
“Tariffs are more bark than bite, and they will be worked out in a little bit of time,” Small asserted. Given his views on tariffs, he believes that the stock market will not drop 5%-10% below its current level.
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This article is originally published at Insider Monkey.
