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Added to YB: 2024-02-29

Pitch date: 2024-02-26

META [bullish]

Meta Platforms, Inc.

+34.91%

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 and mixed reality headsets, augmented reality, and wearables worldwide.

Market Cap

$1.6T

Pitch Price

$477.54

Price Target

N/A

Dividend

0.32%

EV/EBITDA

16.25

P/E

28.84

EV/Sales

8.72

Sector

Interactive Media and Services

Category

growth

Show full summary:
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)