Meta Platforms: From One Extreme To Another
Summary
- Meta Platforms stock has experienced a significant reversal of fortune, rallying 250% since its lows in October.
- Investors have overreacted in both directions, leading to extreme fluctuations in the stock's valuation.
- Despite a recent earnings beat, Meta's long-term growth prospects are uncertain, making it an unattractive investment at its current premium valuation.
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