7 ms·
The stock went up 70% in the last year. In what fantasy world is Meta not a growth stock?
by voidfunc 2y ago
The stock went up 70% in the last year. In what fantasy world is Meta not a growth stock?
- tzs 2y agoWhat's the definition of a growth stock? Is Walmart a growth stock, for example (it went up 77% in the last year)?
- kranke155 2y agoA growth stock has no relation to being innovative. You could grow by just having a giant patent portfolio and litigating aggressively. I would argue that Meta is just reaping the benefit and profits from some very old IP, some of which they don’t know how to monetise.