ZenMode

Love when price breaks above the EMA ribbon - Bullish

Long
NASDAQ:META   Meta Platforms
Fundamentals for Facebook continue to look very impressive:

  • Quick Ratio 5.1 (Bullish)
  • Debt/Eq 0.00
  • Long Term Debt 0.00
  • EPS this Y +57%! (incredible earnings growth)
  • EPS Past 5Y +50.8% (Consistent incredible earnings growth!)
  • Sales past 5Y +36.8%
  • EPS Q/Q +74.8%
  • ROA +20%
  • Gross Margin +80.6%
  • Net Margin 33.9%

Ownership of Equity
  • Insider Own 0.63%
  • Insider Transactions (3M) -15.87%
  • Institutions Own 79.8%
  • Institutions Transactions (3M) +0.14%
  • Short Float 0.97%

2/10/21 ZenMode Price Target $303
1/22/21 Credit Suisse Price Target $325
1/19/21 BMO Price Target $325
12/23/21 Goldman Price Target $330

I longed Facebook last week, and it currently is one of the few equities I am holding at the moment. As always manage risk carefully, and do not put excessive buying power as a percentage of your portfolio into any one thing.

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