Short-term bearish on META due to high CapEx; long-term bullish with $1,000-$2,000 price target.
“This stock will go to $1,000‼️”
Financial EducationPublished Aug 13 · 4 passages
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Meta up $16,000 here today.
Meta. Meta is an honorable mention here. Honorable mention, I am not bullish on the short term on Meta. You know, I've been consistent on that since the beginning of this year.
Once I got those CapEx numbers, I was like, uh-oh. No bueno. They took those CapEx numbers so insane, Zuckerberg took them up so high, I was like, I am not bullish on this stock in the short term, right?
But I'm very bullish on Meta over the long term. I believe Meta long term is a $1,000, $2,000 stock, right?
That is, "Oh my gosh, how much are Meta going to spend?
What this channel has said about $META
Financial Education has 3 calls on this stock; only the adjacent ones are shown.