Why Facebook Is the Best Pick in Tech Right Now [TheStreet.com]
Meta Platforms, Inc. - Class A (FB)
Last meta platforms, inc. - class a earnings: 4/29 04:05 pm
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Source: TheStreet.com
Why Facebook Is the Best Pick in Tech Right Now Facebook ( FB More Than Just A Website Facebook is not just a social media website. Not even close. Facebook's family of apps is a platform where 2.7 billion users spend time on every month. To put this number into context, it is roughly three times more than Alibaba's ( BABA GOOGL NFLX and Alphabet are holdings in 's Action PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells or GOOGL ? Learn more now This type of competitive advantage should command a huge premium, as some of its platforms such as WhatsApp are not even close to being monetized. Yet presently, investors' apathy towards Facebook could lead to strong positive returns for contrarian and patient investors. The Most Important Question: How Fast Is Facebook Growing? As the graph above shows, while the trend of Facebook's growth continues to decelerate, what's worth focusing on is not the trajectory, but the fact that Facebook still grows its reven
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