Posted by DigiNomad on 24th of Apr 2024 at 05:26 pm
If they are questioning META valuations with that report, MSFT
bulls should be sweating bullets. META is valued much more
reasonably.
META and IBM were trading at similar multiples going into the
print today. Go figure. That tells me IBM has room to get
DESTROYED. But it's just one day and market is in a mood to
make people who were beginning to believe they were geniuses look
dumb (just look at TSLA today). The script on META TSLA could
easily flip tomorrow....or not. I don't see TSLA trading a lot
higher and Meta trading a lot lower...but I could definitely see
the reverse of that happening (in the medium term). Meta has
valuation support compared to much of the other names in the MAG
whatever it is now (4?)
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If they are questioning META
Did Zuck get knocked out in the cage match?
Posted by DigiNomad on 24th of Apr 2024 at 05:26 pm
If they are questioning META valuations with that report, MSFT bulls should be sweating bullets. META is valued much more reasonably.
META and IBM were trading at similar multiples going into the print today. Go figure. That tells me IBM has room to get DESTROYED. But it's just one day and market is in a mood to make people who were beginning to believe they were geniuses look dumb (just look at TSLA today). The script on META TSLA could easily flip tomorrow....or not. I don't see TSLA trading a lot higher and Meta trading a lot lower...but I could definitely see the reverse of that happening (in the medium term). Meta has valuation support compared to much of the other names in the MAG whatever it is now (4?)