Meta Stock Discount Overdone? Ad Growth Strong Ahead of Q2 Earnings
Meta trades near $595, down 25% from highs, at 22x earnings vs S&P's 28.5x. Q1 ad revenue grew 33% but rising capex ($125-145B) worries investors ahead of Q2 earnings on July 29.
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Meta trades near $595, down 25% from highs, at 22x earnings vs S&P's 28.5x. Q1 ad revenue grew 33% but rising capex ($125-145B) worries investors ahead of Q2 earnings on July 29.
Nvidia gains on US policy permitting AI chip sales to China; Alpine Macro affirms AI investment story intact despite market worries, while Meta stock appears undervalued relative to its debt.