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Meta Platforms:Quarterly Results/2023 Q1: Difference between revisions
Meta Platforms:Quarterly Results/2023 Q1 (view source)
Revision as of 16:25, 17 April 2023
, 17 April 2023→Recent Commentaries
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* Meta stock is cheap. It's trading 14 times the earnings. | * Meta stock is cheap. It's trading 14 times the earnings. | ||
* Possibility of a TikTok ban. | * Possibility of a TikTok ban. | ||
=== UBS === | |||
UBS is positive on Meta. They noted that<ref>https://www.investing.com/news/stock-market-news/meta-is-top-internet-idea-at-ubs-for-q1-earnings-season-google-also-expected-to-beat-432SI-3050471</ref>: | |||
* Advantage+ is pushing return on ad spend (ROAS) back to pre-IDFA levels. | |||
* Engagement data keeps improving. | |||
* Cost cutting measures continue. | |||
== References == | == References == | ||