Key insights
- An individual investor is considering selling Meta (META) due to concerns about the lack of clarity on the return of capital expenditures and opportunity cost, and plans to reallocate funds into Iren or GEV, citing a shortage of gas turbines and transformers. This reflects a shift in sentiment away from growth stocks with uncertain near-term returns towards companies in sectors with immediate demand.
I have been in meta for almost a year now. And well im literally down 5 percent right now. I don’t see this changing, during last earnings call Zuck had no answer what the result of this huge capex will be.
Now im sure meta will do great long term but I am missing out on so many good companies out there which have better potential. As meta is my biggest holding it’s really holding my port down and I’m thinking of selling it to invest those funds into something else
Thinking of putting those funds into Iren or GeV as their is currently a shortage of gas turbines and transformers and companies are paying premium to get a hold on them