Will you continue to invest in Meta?

Although Meta has shown amazing growth this year, its stock price remains within a reasonable valuation range. The revival of digital advertising over the past year helped Meta achieve a 22% year-on-year growth in revenue in the second quarter, the second highest growth rate in the 'Magnificent Seven.' Meta is proving that it can successfully enhance its advertising business through artificial intelligence (AI) and has purchased a large number of Nvidia GPUs to support its AI infrastructure. The company also launched the Llama series of large language models in February 2023, and has been thriving ever since. Compared to last year, Meta's revenue has doubled, and it continues to invest in new AI features, such as its Meta AI on social media platforms, while strictly controlling operating costs. This meticulous cost management has helped its EPS grow by 73% year-on-year in the second quarter. Meta's AI improvements to the Advantage+ advertising tool have increased the efficiency of ad placements, helping advertisers achieve better ROI. The company claims that these new tools have brought a 22% higher return on ad spend for U.S. advertisers, explaining why Meta's revenue growth is so strong. In this AI era, Meta is clearly set to benefit significantly. The company generated $49 billion in free cash flow in the past year, providing ample ammunition for it to lead in the AI field. Coupled with the fact that 3.27 billion people use its apps daily, this will bring a lot of growth opportunities for Meta in the $699 billion global digital advertising market. If Meta's earnings grow at an annualized rate of 19% in the years to come, it will rank third in the 'Magnificent Seven.' Its forward P/E ratio based on next year's earnings expectations is 23 times, one of the lowest in the group, which will help its stocks perform well in a broader market. If Meta can meet these profit expectations, its stocks could bring investors double the return in four years.

The above is solely my personal opinions and views... Don't take it too seriously 🤗 Of course, I also hope you can share your opinions with me and together we can share the thoughts...

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