What Makes Meta Platforms Stock A Better Bet?
- Tuesday, January 4, 2022, 7:10
- Market
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We think that Meta Platforms (Facebook)’s stock (NASDAQ: FB) currently is a better pick compared to Twitter’s stock (NYSE: TWTR). Facebook’s stock trades at about 8.8x trailing revenues, compared to around 7.2x for Twitter. Does this gap in the companies’ valuations make sense? We believe so…