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> the market believes profits will cut in half and then stabilize. This isn’t true. The market believes Meta will still grow, just slower than before. If they
by bluedevil2k 4y ago
> the market believes profits will cut in half and then stabilize.
This isn’t true. The market believes Meta will still grow, just slower than before. If they believe growth is zero, as you indicate with “stabilize”, their PE ratio will plummet even further.