Meta Platforms Inc META

Alternate Symbol(s): N.META

Technology Software - Application

Meta Platforms, Inc. builds technology that helps people connect and share, find communities, and grow businesses. The Company’s products enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality (VR) and mixed reality (MR) headsets, and wearables. It operates through two segments: Family of Apps (FoA) and Reality Labs (RL). The FoA segment includes Facebook, Instagram, Messenger, Threads and WhatsApp. The RL includes augmented, mixed and virtual reality related consumer hardware, software, and content. Instagram is a place where people and creators can connect and express themselves through photos, video, and private messaging, and discover and shop from their favorite businesses. Threads is an application for text-based updates and public conversations. Its RL product offerings in VR include Meta Quest devices, and software and content available through the Meta Quest Store, which enable a range of social experiences.

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Meta Platforms Inc

Bullboard Posts

Post by james1975on Mar 31, 2018 11:42pm

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Post# 27811374

Long FB

Short move is petering out. Now trading at 18X forward p/e and growing earnings at 30% long term off of Instagram and Whatsapp in India and South East Asia over the next five years. Monopoly power with no real competitor except for Google in terms of the secular movement of advertising dollars from traditional media to the web.

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