Wall Street is no longer viewing Meta as a reckless multi billion dollar Capex burner. Meta is now crowned as the ultimate gatekeeper of Agentic Consumer AI.
However buying Meta right after it jumped 11% in a single day means you are paying a premium for the stock.
I believe it is far better to wait for a pullback before buying Meta. The long term fundamentals are strong but the technical metrics are short term overextended.
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