Alejandro and Michelle discuss Facebook/Meta, the social media company whose stock price has quadrupled since its $90 low in 2022.
Alejandro shared his financial analysis of Facebook’s balance sheet and cash flows.
CEO Mark Zuckerberg has a big audacious goal of bringing the metaverse to the masses, but heavy losses in this venture had weighed on Meta’s financial performance in recent years.
The stock market punished the stock price until November 2022, but Meta has more than healthily bounced back due to the company’s focus on their core business of advertising.
Meta is deriving significant revenues out of WhatsApp, and Instagram is holding its own against rivals like TikTok.
Mark has not given up on his virtual vision, and time will tell if his universe of apps will make the next level of social connectivity a profitable business.
It was really kind of Alejandro to present his company analysis with me, so thank you my friend!
If you’re interested in learning how to take control of your finances and start becoming an investor like Warren Buffett, check out my free PDF guide.
I look forward to making more investor friends! Add me on Instagram: michellemarki