META Stock is Skyrocketing - Here's Everything You Need to Know

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Hello everyone, I am Daniel Pronk and in today's video, I discuss META's Q2 2024 earnings, and if the stock is looking cheap or expensive now that it has reported. I also discuss all the key information from the report that I believe investors need to know.

#META

Disclaimer: Before we dive into this discussion, I want to make it clear that I am not a financial advisor, and nothing I say is intended to be a recommendation to buy or sell any financial instrument. All trading and investing activities must comply with the regulations set forth by the Securities and Exchange Commission (SEC). I will never ask you to send me money to trade for you, and if you come across any suspicious emails or fake social media profiles claiming to be me, please report them immediately. Additionally, it's important to remember that there are no guarantees or certainties in trading or investing, and you should never invest money that you can't afford to lose. While my videos may contain affiliate links or sponsorship to products I believe will add value to your life, it's crucial to conduct your own research before making any financial decisions.

[danielpronk]

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[outworkthework]

Fellow Canadian here and enjoying your content!

[kevinpob]

Thanks Daniel! You get these out quick. Much appreciated!

[ThompsonCharles-dh]

The main focus for markets now is Nvidia, which has powered a large chunk of the S&P 500’s recent earnings. Nvidia’s stock, up more than 90% this year, rose 2.5% in New York on Monday, sending the Nasdaq 100 index to another record high. I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas!!

[rickyyu]

Another outstanding earnings report video! Your earnings report videos are some of the best on YouTube, d pronk! Sincerely, Ricky

[Lisa-wu]

Roughly $120K in my portfolio are in tech/TSLA stocks, can I get an advice on any other stocks that I can acquire to diversify my reserve across multiple markets while creating a comprehensive portfolio allocation that balances my concerns of risk aversion and returns that meet yearly inflation.

[grantp]

Since Zuckerberg has quit cutting his hair with an upside down salad bowl, the
earnings for META have improved substantially. Well done Mark.

[goldman]

meta will continue to grow for years to come

[chrisja]

Great video. I agree with you that long term Meta is eeehh

But when you have a good buy just ride the wave. Hold your winners until weakness. You missed out on massive returns.

[Ferneric]

Haha yeah, I actually sold out of Meta around 200-350 to cover my losses from investing before the massive dip. I put a bit more in at the bottom of the dip so ended up making profits, but I was kicking myself as it moved from 300 to 500+.

Re evaluated and determined 500 is fair value at this time and reopened a position. It was a bit difficult mentally to get over the “sunk cost feeling” of missing out on the run from 300 to 500. luckily it dipped to $450 a few days ago so I was able to average down a bit.

Anyway lessons learned: dont bet against the Zuck, give a couple years for a company to make adjustments (zuck pivoting from massive metaverse cap ex to year of efficiency and even paying a dividend that I never expected). And buy right, so you can hold tight 😂

[danielgollner]

Thank you for the effort, after your video yesterday I sold MSFT it was very helpful to me.

[dannyrod]

Do you also talk about the losers in your profile and not just the winners (not related to META video)?

[AndeeLee-yiot]

Hong Kong and the United States stock trading is still recommended to use Usmart, the United States stock trading commission is much lower than what Long bridge, opening fees and platform fees are also low

[phyllis]

IM STILL HOLDING MY META. GOOD THING I HAVEN'T SOLD YET. IT'S STILL GROWING INSANELY.

[JD-imwu]

Thanks for your videos and work u do man this channel is amazing!

[Frede]

For me the question is: Will we see an increase in the dividend this year?

[MrFrescocotone]

You should analyse ULTA, ASO, and LULU

[Aditya]

So should I buy meta today? When should I buy

[Robb-H]

META's a long term compounder IMO. I would never sell 100% of my position in it.

[StockMaster-]

You can not understand all of the stocks and how their prices go up and down because some of them are very manipulated. For example Tesla and Nvidia the way their prices go up and down without good reasons to justify their price...