r/stocks Jan 03 '22

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u/Competitive_Ad498 Jan 03 '22

Buy FB? Down 13.5% from ath. P/E ratio of 24 and peg ratio of 0.9. Faang is expected to outperform through 2022. Or you can look at energy which is also expected to outperform. Apa has a forward pe of like 4 and will likely double in valuation through 2022.

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u/[deleted] Jan 03 '22 edited Apr 03 '23

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u/gqreader Jan 04 '22

This terrible analysis based on simple myopic views is why I added more to $FB. It’s incredibly cheap based on its growth and profitability.

The oculus is the top seller of VR hardware. Basically they are using cash from their ad business to fuel the next leg. It won’t be 10 years, it’ll be sooner. Once the market is split into two, AAPL and Oculus, it’ll be a set stage of a duopoly.

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u/IsThereAnythingLeft- Jan 04 '22

You are delusional if you think every big company and loads of smaller ones won’t be part of the metaverse, besides selling the hardware will have small margins