Meta’s growth is very strong, and now Meta stock price is $497.74 per share, equivalent to $1.26 trillion.
Based on conservative estimates, we believe Meta’s fair valuation is around $800 brillion.
In fact, if you are very conservative about Internet technology companies, you are likely to miss out. Whether it is Meta or Google, their performance is not conservative at all, which is very surprising. If you use conservative ideas on Internet technology stocks, you may make less money and only watch them go far ahead.
The Internet advertising industry is a huge industry with lucrative profits. This industry is dominated by oligopolies, basically Meta and Google. As long as the economy grows, this industry can continue to grow, and a lot of money can flow into the pockets of Meta and Google.
Meta’s current market value is $1.26 trillion, and this stock price is not particularly expensive. We believe that there may be a larger safety margin at $800 brillion.