Buy and hold META; target $1,000/share by end of decade.
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Muse, the Muse app from Meta, may be the first consumer catalyst for what I believe is a truly enjoyable deduction cycle.
She is in a very positive position because of the viral spread that is occurring with "Muse". She is living through a moment that is very similar to the moment when "ChatGPT " emerged.
But do you know what's fun about "Meta"? I'm sure you all saw it in the "Rich Habits" episode we released. I think it was in August when we were talking about the "Meta" lawsuit .
Robert and I were looking at each other in the episode, and I said, "You know, Meta is at $500 a share right now, or $ 550, whatever the price is. Are you all going to panic over a lawsuit?
I'm buying Meta stock. Meta is a great company. I'm not betting against Zuckerberg. I'm going to keep some Meta stock for myself. It'll be worth $1,000 by the end of the decade.
Everything's fine. Well, three weeks later, it's up 50%. It didn't take long, did it? But it's cool to see that a dollar-cost average strategy stands the test of time.
Like I just mentioned, AMD at $450, or Nvidia at $195. You look at it and think, 'This doesn't seem to make sense. What's going on here?' Or Meta at $500, whatever the price is . This doesn't seem right. What's going on here?"
What this channel has said about $META
Rich Habits has 4 calls on this stock; only the adjacent ones are shown.