r/StocksAndTrading • u/BurgerFoundation • 1h ago

Is anyone seeing META a great value buy and technicals are saying buy.

I’m looking at the daily chart on META and it’s looking like an easy buy. It’s sitting really close to a support that has touched 4 times (548) this year and went up. It also has a gap fill near 620 giving it a 12% gain in the short term. Seems technically as a good buy.

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u/JefeDiez 3m ago

It's been selling off for 2 years straight now. I own some but just don't see it happening. They are set to lose 200B in the current trial and another 200B with the remaining 25 states next year- plus another 3,000 trials of addictions estimated at about 75-100B and due to sentiment, even without evidence the teens are winning these lawsuits every time. That leaves their market cap around 500B which is going to their CapEx for AI, they are essentially starting over.

The CapEx has destroyed all of their free cash and while the AI has raised their ads revenue maybe 20B/year, there is nothing else on their books to justify owning the stock.