Meta Platforms
Long

Good FB buying opportunity

90
With SNAP entering the market we see Facebook accelerating the addition of new features to become more competitive. Facebook has massive resources at its disposal to fight off any new market upstart and the threat of SNAP taking away market share will be excellent motivation for the young yet experienced Zuckerberg, to hold on to his dominant market position. The recent dip pushed FB into oversold territory which presents us with a good buying opportunity.

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