6 min listen
META: A Risky Bet Or Strong Fundamentals?
FromSchwab Network
ratings:
Length:
6 minutes
Released:
Sep 19, 2022
Format:
Podcast episode
Description
Sentiment is weighing on the stock, but the fundamentals remain strong, says Doug Astrop on Meta Platforms (META). He and Knox Ridley discuss META as its shares fell to its lowest levels since March 2020 last week. Knox points out that it is very risky to bet on META's pivot into the metaverse as a way to fill the top line hole from losing its data. They then go over the long-term outlook for META, as well as the best positioned tech stocks.
Released:
Sep 19, 2022
Format:
Podcast episode
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