Buy the Dip: Meta’s AI Spending Is Strategic, Not Reckless
Meta is pulling back from recent highs, but fundamentals still support owning the stock. Strong free cash flow ($48.25B), healthy ROE (29%), and a reasonable P/E (~22x) coupled with continued ad and data-center-driven AI demand make a mid-term long trade attractive. Enter near $610 with a tight stop and a two-stage target plan tied to a recovery in…