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Meta has a PE ratio of 24, it's user growth keeps going down, we're in single digit numbers, younger people barely install whatsapp or facebook (both are far be
by epolanski 4y ago
Meta has a PE ratio of 24, it's user growth keeps going down, we're in single digit numbers, younger people barely install whatsapp or facebook (both are far below 50% for teens) only Instagram keeps doing fine.
All I see is a company uncertain of realistic strong growth now cutting costs and aiming at higher eps to milk the cow till it lasts, might be a long time.