Despite my earlier cautionary stance on Meta (META), the tech giant has defied expectations, surging approximately 15% since early July and outshining the broader US market. A closer examination reveals that Meta’s underlying strengths remain intact, providing a solid foundation for its continued growth.
As a long-time believer in Meta’s potential, I must admit that my initial reservations have been proven wrong. With a vested interest in the company’s success through stock ownership, options, or derivatives, I’m pleased to see my faith rewarded. However, it’s essential to acknowledge that past successes are no guarantee of future performance.
In sharing my opinions, I want to emphasize that they are mine alone and not influenced by any external factors. I do not receive compensation for my writings, apart from the platform that hosts my work. My views may not align with those of the platform or other authors, and investors should exercise caution when making decisions based on individual opinions.
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