The Facebook parent wiped roughly $750 billion off its market cap over the last year as its bet on the metaverse so far has flopped, and its advertising business was clipped by Apple's ad-tracking changes and competition from TikTok. Looking at Meta's recent earnings report, it's obvious what the problem is. Read More...
Motley Fool
3 Stocks to Buy While They’re on Sale
While the number of stocks on “sale” seems to be growing exponentially in 2022, the three businesses we’ll look at today have dipped to valuations that buy-and-hold investors should consider. First, with Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) and Adobe (NASDAQ: ADBE), we have two of the biggest names in technology, trading with price-to-free-cash-flow ratios they haven’t seen since 2013. Meanwhile, SoFi Technologies (NASDAQ: SOFI) now trades at around $5 per share, despite having over $3 worth of tangible book value per share on its balance sheet, and rapidly growing revenue.
