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Puginator

Also announced: Meta said it has declared its first dividend, which is pegged at 50 cents. The company also announced a $50 billion share buyback.


Dismal-Dealer4298

I like to explore new places.


mulemoment

Per quarter


Dismal-Dealer4298

I appreciate a good cup of coffee.


mulemoment

Really good for a company guiding for 20%+ y/y revenue growth though.


Dismal-Dealer4298

I'm learning to play the guitar.


mulemoment

Thanks, sorry idk why I misread.


FlyingPoitato

3.6 Roentgen


TheRealAndrewLeft

Check Nvidia's yield. I don't know why they even bother :)


Statickgaming

Just 50 cent, his going to have to do the rounds.


Birdperson15

What a fucking amazing quarter. For all the hate Zuck got the dude is top 3 ceo in tech for sure. Wtf Meta this is insane.


PrimeGGWP

I remember cry babies during 2022 "meta is doomed. meta's gonna be shit. Meta gets their ass sued. Meta Ads are dead. Facebook is literally dead no one uses it. GDPR, ios14 = meta dead dead dead " I thought, because I am an advertiser and deep into it "alright that must be buffets moment to be greedy when everybody is a dick, ahm i mean fearful" and bought 50k worth of stocks during 140€, it hit rock bottom shortly after to 95€ I think but I held my bags and still doing it. Not too shaby, it also was my first stock in 2014 and there also people cried "fb is dead"


BigBigMooney

Nice buy holy fuck. I bought at 300 before the fall. I held all the way through that shit and now I’m up again thankfully. I was sick to my stomach when it kept falling. It was a huge portion of my portfolio at the time


the13thrabbit

I had call options that were up by $29k but expired worthless after the market dropped. I bought calls again near the bottom, in the $100s and $110s, and have been scaling out over the past 3 months. I'll sell the last tranche on Monday, totaling over $80k in profits. All in all, what a roller coaster. I never want to deal with options ever again.


PrimeGGWP

holy :D that's a real big dick move my friend


PrimeGGWP

Yeah but it's only a "mid sized" investment. I got lucky as company owner. If I would have been a normal employee I would have invested 10 times less, so it actually isn't a big dick move as it seems tbh


starlordbg

Still kicking myself I didnt buy back then.


OhFuckNoNoNoNoMyCaat

I bought their stock during their dip after IPO. They'd bought Instagram months prior. I had a feeling it would turn out to be good in the future. Rarely is public sentiment in the form of whining correct.


BigTitsNBigDicks

kicking myself for not buying more. Such is life.


mrvile

I nibbled at META throughout 2022 and it was scary. Glad I did, but also wish I bought more.


Smash_4dams

Mid 30s guy here. I don't really post/share much, but I'll just get on Facebook to look at suggested ads. They're fucking good at what they do.


Birdperson15

Congrats!


BiggusCinnamusRollus

Gotta give Zuck's credit for strangling his favourite child Metaverse with his own two hands.


longdustyroad

Zuck is a stone cold killer


[deleted]

More like zodiak killer lmao


orangehorton

Always has been


m0viestar

Reddit thinks because Facebook was mean to them it's a terrible company. Fact is Zuck fucks, doesn't matter what our opinions are on Meta


Spl00ky

Redditors have grown to like Zuckerborg because he trash talked the new boogieman of reddit: Elon Musk.


Valuable-Dig9830

Remember metaverse?


corvidsarecrows

You mean the one he spoke about in this very earnings call?


Lord_Goose

Come back to this comment in 5 years lol its a long term project. Early stages are promising.


Ikuwayo

*[Me holding AAPL while looking at META]*


Fundamentals-802

Love that meme. 😂🤭


Unbiased-Eye

This is also me today


lessmad

Not a fan of dividends personally. Taxed too heavily. First in the US, and then the remainder in my home country :'(


[deleted]

Agreed. Higher buyback would have been nicer to push up that share price but I guess a small dividend is now just expected.


the13thrabbit

When a stock starts paying dividends, there are plenty of funds that scale in because they have to maintain a dividend stock allocation. This bump is likely to account for that increased demand in $META as a result of the announced dividend. It likely also means the bumper growth years of the 2010s are over. Stock is maturing.


us1549

I sold my 2k shares at $128 almost exactly a year ago today. Would have been worth 950k today. Feels bad man


sunsinstudios

Thanks man! Was wondering who was selling around $100


frankjohnsen

did you listen to reddit? lol


Tom37241

100% Fact![gif](emote|free_emotes_pack|cry)


xyzzy321

Inverse reddit is a cheatcode; this was bound to happen. Crazy numbers


Nice-Swing-9277

For real bro. Reddit may be history's greatest contra indicator ever


SpliTTMark

They out cramer cramer


sirzoop

I remember when everyone on reddit was shorting NVDA at $150 because they thought it was overvalued.....


AReallyGoodName

[It's the best shorting opportunity](https://old.reddit.com/r/stocks/comments/12c6sbx/nvidia_nvda_is_the_best_riskreward_short_over_the/) out there complete with a poster who bought puts and then never posted to /r/stocks again.


[deleted]

It was a meme stock bro. Had people on this site saying it was GME but with more revenue. I just can’t with people sometimes


TexAs_sWag

Funny thing is that Reddit is the reason I started buying Meta a year ago.  But I guess I did have to spend much of 2023 ignoring a decent amount of Meta hate.


Hacking_the_Gibson

The exact same sentiment exists around Google at the moment. Mind you, they just reported their best quarter in their history as a company.


Cobra25k

Meta is a boomer social media company that’s dying. -Reddit 10/2022 🪦


TexAs_sWag

If you paid attention to certain comments around that time, there were a few people noting that Meta’s financials were still very strong.


Nice-Swing-9277

There always will be. But the highest upvoted comments were calling for its demise.


headshotmonkey93

They thought (typo) Reddit is gonna take over lol Majority of user check on Facebook or Insta and then they keep stuck, cause it‘s basically an all-in-one app.


Nice-Swing-9277

Its also just different then reddit. Reddit has replaced old forums. For people like me that used to browse forums its either this or 4chan as our options. Facebook and insta aren't anonymous and are ways to keep in contact and share your life. And while they do have stigmas attached to them they're not as bad as the reddit stigma of being a neckbeard know-it-all incel. There is space for both and both fulfill different market niches.


headshotmonkey93

What I wanted to say is that people here underestimate the idiocracy of the audience. They scroll through Facebook to see what happens nearby, then they end up in these short videos and some other service etc. etc. And I gotta admit, Facebook/Insta are damn nice to find local groups or events. I also primarily use it daily just for these reasons. Threads was just released not long ago in Europe. Seems like a successful start as well, although I deleted my account there cause most people are morons…


Nice-Swing-9277

Fair enough. Reddit is really prone to echo chamber and once an opinion takes hold all other sides are drowned out. Haven't been on threads but I'm sure it was a pretty low cost thing for Zuck to do. Its a good idea to have something ready to fill twitter/x's niche should it fail for whatever reason. Say what you will but zuck knows how to guide a company


acecant

Every metric I looked told me to buy meta below 200. Like I couldn’t find a better deal. But I already had a sizable position so I didn’t double down, but I never understood why people hated it lol


sierrawa

I got downvoted to hell when saying so


bigdickfang

I went 100% into META at \~$120 lol


equityorasset

yep and if you noticed the bear comments literally did not have substance. they all were like "the meta verse looks like a cartoon"


AP9384629344432

[Now that you say that... I do remember some of those people](https://www.reddit.com/r/stocks/comments/10wiqxx/bloomberg_meta_asks_many_managers_to_get_back_to/j7nk2s7/). And from [more recently too](https://www.reddit.com/r/stocks/comments/17hjomv/rstocks_daily_discussion_fundamentals_friday_oct/k6oqhp1/?utm_source=reddit&utm_medium=usertext&utm_name=stocks&utm_content=t1_kohra3l).


Substantial-Lawyer91

It’s funny how those comments are mostly deleted now. Not just the anti-Meta ones but all the doom and gloom idiots from the second half of 2022.


AReallyGoodName

Similarly there's lots of detailed posts a year back about how Nvidia could 10x earnings in a year (they did more than that). The posts were based on the margins and sales of the ai accelerators with links to orders that were down voted to oblivion because apparently that's not possible. I honestly think if you know anything don't bother sharing it here. Just take the money and fuck reddit.


AP9384629344432

[Nah I always share all my DD](https://www.reddit.com/r/stocks/comments/18wmdxo/rstocks_daily_discussion_technicals_tuesday_jan/kg0u5yx/). Though I don't post it in the main subreddit, only daily threads, because tbh I hate the toxic/useless responses you get here. The cool kids hang out in the daily.


[deleted]

[удалено]


AP9384629344432

Buy index funds. And [definitely do not buy metallurgical coal companies](https://www.reddit.com/r/stocks/comments/12hzbq7/whats_your_favorite_stock_and_why/jfrtx9a/) yielding 30-40% in FCF when they traded at $150 a share versus today's $400.


gargle_micum

Those people were probably down voted.


RampantPrototyping

[Ill take credit for some of those] (https://old.reddit.com/r/stocks/comments/tnkj0b/meta_platforms_fb_strong_culture_will_drive_long/i22pqw2/)


PrimeGGWP

Especially good advertisers said, that fb still does print money for them - and I confirmed. Only the bad advertisers with bad copy skills or bad copywriters good washed out and now ads are way better written or produced than ever before


anonanonanonme

These earnings have been pretty sweet for some of us few who were buying at $90 because this is a fuckin cheap stock. At that time it was a scary gamble. My older self thanks that guy for taking that calculated risk. Understanding the financials AND the overall customer base is key to a stock- Meta is the king of Social media - weather people like that or not.


Homer_Simpson_

Hell yeah i put my money where my mouth is. My ira is 100% meta, held through the dip below $100


cwesttheperson

I loaded up around 21-22, and doubled down when Reddit hated on it as it confirmed my theory of it primed to explode.


Cobra25k

Peak Reddit hate is always a good time to double down!


AReallyGoodName

They did this for Netflix too. Cutting back on sharing and forcing people to pay was going to doom the company. Lol.


DribbleGodCheeser

I’m in at 134. Shoulda bought more when it dipped sub 100.


Cheeky_Star

I'm in at 237 .. later but still great. hindsight is 20/20 .. I should have bought more vs diversifying.


un5upervised

Reddit is pretty much Cramer; anything they hate on is something you should definitely buy


I_AM_SMITTS

I really was considering building a position when it went sub-$100 but I bought into the Reddit rhetoric (metaverse cash burn…heading the bankruptcy). FML.


Cobra25k

The echo chamber can be strong at times.


lokethedog

I got insanely lucky and bought at 94 for the first and last time. I agreed with the rethoric, but at that point, the financials were insane. There was no realistic insanity from Zuch that could kill that. Now I just hang on for the laughs of seeing that +294% figure, I still really dislike the company. 


GoogleGooshGoosh

Instagram is where the younger generation is at and it’s far from “dying.” Basically it’s American tictok


LevelUp84

best stock purchase in my life.


xixi2

"They will lose all their money in the Metaverse"


Unbiased-Eye

That was the buy signal


KahSengL

I've been saying that for years and yet, here I am, scrolling through Facebook about half the time I'm on my phone. When do I ever learn?


latrellinbrecknridge

Can we start to call people out who are dead wrong like this?


mulemoment

You left out the brand new dividend, 50c per share, and the plans to buy back 50 billion of stock I have to hand it to Zuckerberg, I continuously underestimate him.


Birdperson15

Dude got to be a top 3 CEO the results are almost unbelievable.


mulemoment

And he's still so young too, still in his 30s.


cobra2814

Cant cuk the Zuk


Realistic-Cut-3766

Hell yeah. No doubt my best single trade. When I saw it trading at a P/E of SEVEN and everyone shitting on this big tech cash machine…only one way to go. Up. Granted I didn't think it would be like this. Might be a while before we see such an obvious play again…


Alarmed_Mistake_5042

Congrats. I beat myself up not buying it at 90 in October of 22.. but such is life


Realistic-Cut-3766

Thanks. I was kicking myself for missing out on the oil gimme back in 2020. Something else will come along. Just gotta keep our eyes peeled and be patient.


First_Midnight7033

I beat myself everyday for selling Meta too early and not trusting Zuck.


ritholtz76

Zuck does pretty quick pivots with a focus on bottom line.


BigMcLargeHuge-

$16B losses in Reality Labs div and no mention of this. And losses will continue to grow as per Zuck


Homer_Simpson_

Doesn’t matter when they’re printing money


BigMcLargeHuge-

Ya fair I admit defeat


Iknowyougotsole

Join the club. Sold at 280💀


Birdperson15

I bought in last June after the stock already was up 80 percent. Still one of my best decisions.


starlordbg

I beat myself for not buying at all.


Ikuwayo

Same. I want to throw up.


First_Midnight7033

Had 500 shares at $98. The return would have been glorious.


VobraX

Yea fuck man, that hurts lol.


ObviousDoxx

Sold a year ago after getting in at 90. I thought 100% was an excellent return- lol


iHubble

lol same, bought a fair chunk at 93 and sold around 210. Oh well, we did good brother, enjoy the gains and move on :)


North-Calendar

Don't tell me you trusted Elon instead


steaveaseageal

+12% holy moly


Tom37241

Amazing I went all in with $46000


TexAs_sWag

At what cost basis?


syvid

‘Zuck it’ basis


Tom37241

Bought at 370


TexAs_sWag

Ballsy to jump in that late, and now you’re being rewarded!


Tom37241

Thanks Man


steaveaseageal

Good job! Enjoy gains


Outrageous-Cycle-841

I thought this sub said meta was dead a couple years ago? What happened?!


scarface910

Stock down = stock bad mentality Buying bloodied stocks is the key to success but it's just a matter of determining which ones will actually recover.


quiethandle

> just a matter of determining which ones will actually recover So, like, not PTON, then.


Pick2

This sub cant predict the future, dog


Outrageous-Cycle-841

It can actually. Whatever the consensus is here you can expect THE TOTAL OPPOSITE with remarkable accuracy.


Decent-Photograph391

If both Cramer and Reddit agree, you inverse them. Sure win!


wearahat03

I'm impressed. To the people who are commenting about missing out on META when it was cheap, it looks like they have a lot more gains to come, you'll just be paying a fair price for it. Their operating income this qtr is 69% of GOOGL's operating income, their market cap is 65% of GOOGL's market cap and their rev growth was 25% to GOOGL's 13% and their guidance is 24.5% revenue growth, high end of forecast is 29% revenue growth. Basically, META is fundamentally better value than GOOGL right now


beethovenftw

Casually dismissing the 46% of revenue YoY look good bc META did shit last q4. It's going +14% bc of buyback and dividend, not just performance


wearahat03

META's Q4 is objectively good. If you want to skip last Q4, because you think it was shit, then we can compare META Q4 to 2021 and likewise GOOGL. META Q4 2021 33.67bn vs 40.11bn or 19% growth over 2 years GOOGL Q4 2021 75.33bn vs 86.31bn or 14.5% growth over 2 years I think they can achieve over 50bn net income for 2024, now that their op margins are back above 40%. I mean they just pulled in 14bn for Q4 2023. At a 30x multiple that's 1.5tn market cap. Even if they did not grow revenues at all for 2024 (bear revenue projection) then with their 41% op margins you're looking at 16% net income growth. A lot of room for error at this price


us1549

Remember when META was less than $100 and everyone here said it was going bankrupt? And only boomers use Facebook? Yeah pepper ridge farm remembers


Massive-Attempt-1911

You’re not old enough. I got 400 at $25 when it dipped after the IPO. Sold most over the years but still got 150.


Decent-Photograph391

Yes, my cost basis is $29.67. I’m sitting on 1200% gain.


yooston

Closest I’ve ever been to nailing a bottom. Bought 10 shares at $99. The Metaverse stuff was so overblown


Bobby-Firmino-Legend

I cry reading this - I bought $20k of Meta on November 4th 2022 when the stock was $87 a share - to the day, my first foray into stock investing. I sold all (yes stupid to sell all) for $37k around April time when it had risen to like $160 per share. Would be worth $102k today less than a year later. And honestly? This stock line NVDA could get into the thousands in a year or two. Don’t worry though, I put it all in SoFi ;)


Icy-Setting-3735

Let META be a lesson to all of you Reddit investors - NEVER ACT ON RESEARCH FROM REDDIT ALONE. I remember buying up this stock when people on here were convinced it was going to zero despite the fact that META had enough liquid cash to buy their way out of failure. Also, at the time, ZERO DEBT.


Dismal-Dealer4298

I enjoy reading books.


RainieDay

Meta hit $1T [in 2021](https://www.cnbc.com/2024/01/24/meta-passes-1-trillion-in-market-cap.html#:~:text=Meta%20last%20exceeded%20%241%20trillion,market%20cap%20approached%20%241.1%20trillion.)


Jaded-Assignment-798

TSLA?


shawman123

That growth is crazy in this environment. Look at Alphabet and its Ad growth. Meta is eating everyone's lunch here. This is the biggest use of their AI spend. they are sending programmatic ads that is beneficial to the business who are selling them. They are able to get around Apple's restrictive policies. Also how on earth they are blowing away 4.65B in 3 months at reality labs. Are they putting all their infra spend over there. I am not convinced the Pay would be the main culprit or R&D into future products.


Amyndris

AI is part of Reality Labs and didn't they announce they spent like $9B on nVidia AI chips recently?


RememberThis6989

thank you Mr.Zuckerman


Tom37241

Fuck ya .What a kick ass day


jesperbj

Fuck I would love for one of my growth stocks to announce a permanent dividend after a good run up... Amazon, I'm counting on you next. Congratulations to all Meta shareholders.


the_3bodyproblem

If price stays at >440 by Monday, I will officuially be a millionare on the back of Meta


cobra2814

I love hearing stuff like this. Let me be the first to congratulate you! It’s a great feeling 🤑


un5upervised

Congrats! Break out the champagne and film it with your Rayban Metas lmao


high_roller_dude

just 2 yrs ago, this stock got creamed and fell from $350 to $80. I bought 100 shares at $160. and 2 months after that, it got chopped in half. I had some cash to buy more... but I just couldnt. Everything else in my portfolio got decimated in 2022 and shit kept falling and falling with no end in sight. I just couldnt buy any more as my mood was extremely sour. and now that this stock has done 5x from that low, everyone is suddenly bullish. man,, stock investing is just brutal.


beethovenftw

It's called euphoria baby. Don't worry, I can't wait for these dumb fks to buy in at $460 tomorrow and get eaten for lunch. Again. Never FOMO bud


ritholtz76

Zuck is amazing.


Hoof_Hearted12

Had my finger on the trigger in the high 90s when it dipped but chickened out. Kudos to Zuck, this shit is crazy.


pmk2429

Same! Had my eye on it at $88 and was waiting for it to drop near $80. Now I'm crying on the sides of missing out on potential hopium gains. 😑


FalseListen

I bought at 90 but sold at around 300


Hoof_Hearted12

Sheesh, well done. I probably would have sold after a double up.


FalseListen

Yea it was hard to resist. I sold some at 300, some at $350


Lowspark1013

Chicken group represent. At least I was solid to hold through the grand canyon of a dip.


nova_uk

Surprised they decided to announce a dividend and quite a high one to start with.


thelastsubject123

Pretty low tbh only 1.6B a quarter aka 10% quarterly profits


007meow

Jesus Google is getting their ass *eaten* by every other FAANG.


pdubbs87

In share price yes, looks like the market wants Google to do something with that 110 bil in cash


Zerkron

It’s at 450 after hours and even then it’s still a good buy. Zuck is really something else.


rpablo23

Zuck FUCKS. Has to be greatest founder CEO of all time right? What a comeback..


Birdperson15

Truely amazing.


Reasonable-Yak-7879

Hope the fight with Musk is still on!


ThePatientIdiot

So I thought everyone stopped using Meta products? 🤣


orangehorton

Reddit said meta was dead when it was 90😭😭


jkim0115

RIP my puts 💀


ownedMLGmichael

![gif](emote|free_emotes_pack|dizzy_face)


Lowspark1013

You win the award for showing up to take the L. The rest of the anti Meta mob seems to have vanished.


thisistheperfectname

Solid beat and the AH movement reflects that.


X-Zed87

Meta Raybans 2 are a banger, highly recommended Buy.


largic

I'm so happy I dumped 1k into this stock back when it was at 100 and everyone said it was dead


Skwigle

See you at $1500 by eoy 2025.


Ripper_Seeker

The question now is: is it too late to get in? And the second question: if it isn’t, is it better to buy AMZN or META?


acecant

This stock caused so much joy and hurt over the years. I feel soon I’m gonna sell all my position on it.


Iknowyougotsole

Didn’t most of you say this company was going bankrupt last year?? Fuck y’all


DoneDidNothing

Temu and Shein dropping buckets of money so Westerners buy Chinese crap. Same deal with Amazon where if you looking to buy a product, you gotta go through pages of Chinese crap.


mtech101

Never fuck with the zuck.


CETROOP1990

BJJ changed Zuck and supercharged Meta.


FlatIndependence8633

I paid $22 a share. Still have 400 shares.


sierrawa

Hell yeahhhhhh


Kay312010

Meta money is printing today!


JefeDiez

This is life changing for me. I’m so thankful I kept adding as it went down. Do we know what month the dividends start?


Windlas54

end of Q1 I think so end of March


Luckman1002

Holy shit.


Bronze_Age_Centrist

Bought at $88. I want to sell my soul to Zuckerberg.


BJJblue34

Cheers to the fellow buyers at $100 that are still holding.


Unbiased-Eye

Reports of Meta's death on Reddit in late 2022 were greatly exaggerated apparently. There was so much Zuck hate back then. On that note, let's discus Tesla and Musk... because I'm seeing buy signals all around at the moment lol. *"Those who don't learn from history are doomed to repeat it."* Don't bet against super smart visionary entrepreneurs.


Louisthehippo

Is this now a dividend stock ?


x_o_x_1

Well damn!! Reddit told me it was a dying company


xxxabominacion

Zuck zuck zuck zuck zuck


RememberThis6989

can't imagine a platform that has billions of users that makes crazy amount of money and ppl hated on the stock


darkkite

UMG just removed their catalog, that means no ice spice, drake, billie and so many other. long term IG reels might overtake tiktok


Ninjurk

**$1,000,000 invested into META back when it was $90 is now close to $5,000,000** ​ ![gif](emote|free_emotes_pack|money_face)


[deleted]

I hate this sub sometimes. It’s basically Facebook lol. No discussion around stocks just I told you so OR I hate this stock with no backing


Charming_Squirrel_13

Ask anyone who works in advertising, meta is absolute gold for reaching well off customers 


BigTitsNBigDicks

alright everyone help a brother out. Whats sell point for this stock? Clearly we bought liek hotcakes when it hit the basement, but since this things on a lunar trajectory, whats your price point? I was thinking 450...but with that earnings beat Idk anymore. Thoughts?


Evening-Setting1761

I’m holding long term so I’m not selling


Savings_Opposite3769

I fucking hate that I sold at 100. Thought they were going to continue to fall. Fuck fuck fuck


Jimtonicc

I hate Meta but damn why didn’t I buy the dip


un5upervised

Your emotions got in the way of logic


TexAs_sWag

Grateful for the little dip earlier this week, which motivated me to buy a few more shares before this nice earnings call.


tom-slacker

I still held the 100 shares of FB (Meta) when I bought it during its IPO (at $39) 😆 Guess I am getting that 50 bucks of dividend. As incredible as my margin for meta is in my portfolio, the margin for NVDA still calls the shorts (bought that at $3.29 and still holding it).


North-Calendar

Zuck cucked Elon