Meta Platforms Q4 FY12/24 Earnings Review

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Keeps On Keepin’ On

by Alex King, Cestrian Capital Research, Inc

The Zuckerberg Juggernaut keeps on truckin’. Excellent numbers. Guidance is for decelerating growth, which nobody seems to worry about too much right now, but you can see from Meta’s numbers in 2022 that when it slows, the economy slows (or vice versa, doesn’t matter which).

The stock looks elevated at the moment; personally I sold at the open this morning and banked solid gains on a sizable position. I figured that if the stock mooned on earnings I could live with it, but if the stock dived I would be kicking myself for not taking gains. I have plenty of indirect exposure to Meta via $TQQQ, $UPRO and $SPY, so if we see heavy buying tomorrow I would expect to benefit.

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