Meta Platforms Inc (META)

[Stockman1010101]

Hi Folks,
As of today I am still bullish on FB Co and stock. I see no reason why the stock will tumble. Their profits has been better then expected by a long shot and their future prospects still look very strong by management and analysts. The analysts have a stock target price of $230 for the year, so I see no reason why the stock cannot reach $200 this year at a minimum. I also see positive performance by the other FAANG stocks so there is no real reason for any of these stocks to fall. As some here have suggested. As long as the market stays bullish, FB stock will stay bullish. I think these FAANG stocks move with the market on a positive or negative note. If we have a major market crash then and only then the FAANG stocks will fall in significant price levels accordingly. Thus, I am still bullish because the market is bullish and these stocks' performance is better then the overall market performance.

I hope this assessment helps those folks on the fence in deciding which way to go with their FB investments.

GLTA.