Meta platforms attract large money flows
Do you want an edge in trading? Follow the big money.
What is the big money? Simply put, it is when the stock goes up due to institutional demand. Big stocks tend to attract smart investors.
As you can see, fund managers are always looking to bet on the next outperforming stock… best in class. They spend countless hours sizing companies, reading reports, talking to analysts…you name it. When they find a company firing at full force, they pounce in a big way.
The action since the beginning of the year tells the story. Each green bar indicates unusual buy volumes Meta sharespush the arrow up:
Few stocks have charts this strong. The last green bars indicate healthy demand. But what about the main story?
Fundamental analysis for meta platforms
Next, I want to make sure the basic story is intact as well. As you can see, META has had positive sales and EPS growth in recent years:
The company is also expected to grow by 25.7% this year.
Source: Factset
The combination of great fundamentals with our Big Money program has found some great long-term winners.
Check this out. Meta Platforms has been one of MAPsignals’ top rated stocks. This means that the stock has been under buying pressure and the fundamentals are growing. We have a rating process that displays such stocks on a weekly basis.
The rare Top 20 report has been submitted many times. The blue bars below show when META was a top pick:
Tracking unusual volumes reveals the strength of the MAPsignals process.
Meta platform price prediction
The META pool has been around for years. Buying stocks with big money indicates that you need to pay attention. Given the historic gains in share price and strong fundamentals, this stock may be well worth a place in a diversified portfolio.
Disclosure: The author holds no position with META at the time of publication.
If you want to take your investment to the next level, learn more about MAPsignals process here.
this condition Originally published on FX Empire