Don't listen to the noise. WE are going to $500 this week. Shorts are upset. I sold my wife's wedding band to buy 4 shares. She understands. I met her in a a brothel in Bangkok and has been extremely loyal since I brought her to Los Angeles.
$Meta Platforms, Inc.(META)$ 's business model is interesting. It's all about data and unlike a hardware product, it never gets obsolete or like $Apple(AAPL)$ products, users get bored with flat products.
Apple Vision Pro being a success is HUGE for Meta. This only proves the business model further. With people who don’t want to drop $3.5k on the headset the next best option is the Quest 3. This also validates Meta to release a higher end model to compete.
As predicted the $400 level has been attained, now we will wait for the $500 level too to be reached before the year is out.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments