Meta Platforms (FB), formerly known as Facebook, is a dominant social media company. There is a lot of unfavorable sentiment surrounding the company at the moment.
Despite the negativity, we are bullish on FB stock.
Meta even has a hidden growth catalyst that comes as a result of its recent less-than-impressive earnings results. Yes, its weak earnings report is actually a positive (at least some of it is).
We published this article for free on TipRanks.com, you can check it out by clicking the button below.
The article came out when FB was ~$190 a share, which we think is an attractive price for long-term investors. However, short-term momentum traders may want to stay away from the stock until it reverses its downtrend.
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