Added to YB: 2024-02-29
Pitch date: 2024-02-26
META [bullish]
Meta Platforms, Inc.
+35.13%
current return
Author Info
No bio for this author
Company Info
Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality (VR) headsets, and AI glasses in the United States, Canada, Europe, Asia-Pacific, and internationally.
Market Cap
$1.6T
Pitch Price
$477.15
Price Target
N/A
Dividend
0.35%
EV/EBITDA
15.41
P/E
27.38
EV/Sales
8.11
Sector
Interactive Media and Services
Category
growth
SaltLight Capital Worldwide Flexible Fund Portfolio Holding - Meta Platforms, Inc.
META uses AI to increase user screen time & optimize ad targeting, connecting advertisers with ideal consumers. Despite setback from iOS 14.5, Meta leveraged AI for contextual targeting. Generative AI could revolutionize ads with personalized creation for higher engagement & revenue.
Read full article (2 min)