Joseph Carlson: META will outperform

The window it was checked over

META closing prices, adjusted for splits. The shaded span is the one-year window: it starts at the first close after the video went public and ends at the last close on or before one year after the day the video was published.

What was said around it

trillion-dollar valuation with a 200 PE ratio. A stock that investors are so enthused about, they'll pay nearly any price. To put the valuation discrepancy in perspective, this is what it looks like over the past trailing year. The trailing PE ratio of Tesla has gone up from 90 times to over 360 times. Meta has stayed at roughly 26 times. Now, I don't bring this up to complain about the valuations of different companies or to gripe about the market and how Wall Street wants to price stocks. In fact, I bring it up for the opposite reasons. I believe the market's wrong. I think that Tesla continues to be overpriced and Meta continues to be dramatically underpriced. We won't be able to tell immediately, but we will over time. And I'm putting my money behind my bet. Meta is a company that continues to grow very fast. It's a company that's expected to grow fast this year. It's a company that has its entire business model reliant on ad revenue from millions of small businesses. It represents global GDP growth. Every small company that needs to get word out about its product uses Meta. And Meta is getting increasingly good, increasingly sophisticated with how they generate their ads, how they optimize

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.