Meta Platforms Inc (META)

[cattracker1]

Hope You Guys Bought At These Bargain Prices !!!!

Seeking Alpha Summary:
Facebook stock plummeted over 20% after reporting Q2 earnings.

While the results weren't as stellar as in the past, the deficits to analysts' revenue and user growth expectations were very minor.

The comment that scared investors off was the CFO's prediction that revenue growth rates would continue to decelerate in the "high single-digit percentages" in Q3 and Q4.

However, Facebook is likely being extremely conservative and has plenty of opportunity to regain momentum.

Its valuation metrics, especially on a forward earnings basis, still look incredibly attractive.

Let's cut to the chase: I'm taking advantage of the steep drop in Facebook (NASDAQ:FB) shares to load up my position. While Facebook is a stock that has tested investors' faith multiple times this year (perhaps too many times for comfort), buying the dip on this one-of-a-kind social media giant has always been a winning investment strategy.