#TLDR
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Ticker: META
Direction: Up
Prognosis: Buy shares and sell Puts (OP is holding shares @ $611 and selling Jun 12 $585 Puts to load up on the dip)
Price Target: $825 by Q2 2026, approaching $1,000 by late 2026 (assuming a 30 P/E ratio)
Irony Level: High. "I'll keep it short" — *proceeds to post three massive spreadsheet tables*
If we knew that we'd all be rich. Some people think we're only a quarter of the way thru.
I tend to think we're later than than. Somewhere between the third and fourth quarter bc of some signs that usually come late stage bull cycle.
It's definitely a bubble and ur gonna want to get out early instead of late. But typically, bubbles end with a final push of manic buying that we have yet to see. That makes SNDK look modest. Talking about stocks with no profit, or 1000x forward p/e going vertical for weeks.
I was gonna say… P/E at historic highs, what makes you so sure the bull market will continue? It could be another 2 years up, but seems pretty fragile, some event could trigger another crash any time? Which almost seems to be what some in the US administration are actually trying to do…?
Reddit's earnings will grow at least 2.5x over the next 12 months, making P/E 44.9/2.5 = 18. The forward P/E by analysts is conservative and uninformed, as they're older people who may not use Reddit and don't know how big it is.
Blowout RDDT earnings—680% (7.8x) earnings growth!
RDDT's P/E is down to a measly (for such a growth rate) 45; fP/E is in the teens. Share price could double in a few months 🚀🚀🚀
Blowout RDDT earnings—680% (7.8x) earnings growth!
RDDT's P/E is down to a measly (for such a growth rate) 45; fP/E is in the teens. Share price could double in a few months 🚀🚀🚀