TLDR for Meta stock analysis:
- The transformation from social media to the metaverse is still far away.
- Apple’s privacy policy or even followed by Google will not slash Meta earning capabilities, it just slows the growth.
- Meta’s strong balance sheet will help a lot in the transformation into a meta-universe.
- The buyback program gives us a glimpse of the management in shareholder shoes.
- Even though Meta has an outstanding competitive edge, when it can’t be monetized, it is useless. In the metaverse case, the situation is worse. Meta has no sustainable competitive advantages. Not Yet.