Investors should bargain hunt and buy FB

Investors should bargain hunt and buy FB while it is super cheap. Below are the reasons I believe FB will be the best bet for 2022:

1. FB is debt free. This is very important in a rising interest rate situation because if a company has debts the increasing interest payments will eat into the profits, but FB has $58 billion dollars of cash in hand, so the situation is the opposite, rising interest rates will actually make its interest income higher. So FB can actually benefit from rising interest rates when most other companies will be hurt by rising interest rates.

2. FB is in the process of buying back $50 billion dollars of FB stocks. That is a massive stock buyback that will surely lift the stock price and increase the earnings per share. Where else are you going to find a loyal $50 billion buyer?

3. FB performance was a bit lower last year purely because the whistle blower, congressional hearing etc. news hit in the final quarter, so the stock did not have sufficient time to recover yet. But those news actually do not affect FB revenues and profits, so it is just a matter of time for FB stock price to recover and break new highs just like what it had been doing for the past 10 years. FB stock was up 10 folds in the past 10 years. Right now is actually the best time to pick up FB cheap using Buffet strategy to pick up good company stocks cheap when it is temporarily down. FB fits the bargain characteristic perfectly. If you compare the PEG ratio of all large cap growth stocks, you will find that FB is the cheapest right now.

4. Metaverse is taking off now. FB Oculus headset App hit number one spot on Christmas day App downloads. That is a sign that VR and Metaverse are going to take off now. And FB is clearly the leader in this field because we already have the real data, not just guesses. Investors need to position for the next big thing, metaverse/VR. By the time other slow investors catch up and realize FB is dominating another major field again, we will be laughing all the way to the bank already.

FB stock is up 10 folds in the past 10 years. And it will do the same again for the next 10 years as long as the genius CEO Mark is still the leader of this great company. Mark is still very young. FB investors can still enjoy many decades of huge growth from this excellent company.$Meta Platforms, Inc.(FB)$