Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Meta Platforms, Inc. (META): A Bull Case Theory 

We came across a bullish thesis on Meta Platforms, Inc. on Beeli Capital’s Substack by Andrew Beeli. In this article, we will summarize the bulls’ thesis on META. Meta Platforms, Inc.'s share was trading at $647.10 as of December 2nd. META’s trailing and forward P/E were 28.67  and 22.17 respectively according to Yahoo Finance.

Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices. META reported a blockbuster Q3 with revenue of $51.2 billion, exceeding estimates of $49.6 billion and...