How I Cut Through the Noise on Meta Platforms

Before you look at the latest headlines, get ready for a roller-coaster ride... You'll see some stories about how we're all doomed as a long, brutal recession begins. And other stories will detail how the worst days are already behind us. [Chaikin PowerFeed]( Editor's note: The markets and our Chaikin Analytics offices will be closed Monday, May 29, for Memorial Day. So we won't publish our Chaikin PowerFeed e-letter. We hope you enjoy the long weekend. And you can expect to receive your next issue on Tuesday, May 30. How I Cut Through the Noise on Meta Platforms By Briton Hill, analyst, Chaikin Analytics Before you look at the latest headlines, get ready for a roller-coaster ride... You'll see some stories about how we're all doomed as a long, brutal recession begins. And other stories will detail how the worst days are already behind us. It's the same thing when you try to get updates about individual companies. Take Meta Platforms (META), for example... The social media juggernaut is in the middle of an incredible run. It's up nearly 185% since early November. And yet, the headlines couldn't be more contradictory... Before the latest leg higher, a Barron's article detailed one analyst's warning about Meta Platforms. The analyst said the rally "is over" and urged investors to "lighten the load." Meanwhile, a Bloomberg article from around the same time noted that Meta Platforms was "the hottest tech stock in the market right now." These types of contradictions make it nearly impossible for investors to know what to do... Should you buy shares? Should you avoid the stock – or perhaps even bet against it? Today, I'll show you how to cut through all the "noise" surrounding Meta Platforms in particular. But as you'll see, it's a great way to figure out what to do with any stock... Recommended Links: [Here's What You Missed Yesterday]( Whether you're new to gold – or already a seasoned gold investor – you need to see where the smartest minds in gold say this precious metal is headed next. Plus, why the "perfect storm" in gold today could make you 10X your money as this situation plays out. [Click here to tune in now](. [Big 2023 Bankruptcy Warning]( U.S. corporate bankruptcies are now at a 12-year high... but according to the world-renowned forensic accountant who called the 2008 and 2020 crashes months in advance, this surge of bankruptcies is just getting started. In fact, he says there's one popular stock that could go bankrupt in a matter of WEEKS. It's one of his top SELL recommendations today. [Click here for full story](. Meta Platforms couldn't escape the "tech wreck" of 2022... The stock reached an all-time high of roughly $382 per share in September 2021. But by last November, it had plunged more than 75% all the way down to less than $89 per share. Then, just when many people thought Meta Platforms was history, the stock's turnaround began. As I said, it has rallied nearly 185% off its bottom. Take a look... [Chaikin PowerFeed] Now, thanks to a major fine, the mainstream media is calling for the end again... European privacy regulators fined Meta Platforms a record $1.3 billion earlier this week. They punished the company over the transfer of data from European Union citizens. Meta Platforms plans to appeal. But the company has threatened to cease operations in the European Union if the two sides can't come to terms. So the uncertainty around the stock is ramping up again. Fortunately, at Chaikin Analytics, we have the perfect tool to cut through all the noise... The Power Gauge. In short, our one-of-a-kind system tells us that Meta Platforms' future looks bright. As you can see in the Power Gauge screenshot below, it's currently "bullish" overall... No matter what the media says, we can see that Meta Platforms earns a "bullish" rating. We could stop there if we wanted. But we can also dig deeper into the four factor categories. For example, we can see that the Experts category is rated as "very bullish"... [Chaikin PowerFeed] Notice that four out of five factors in this category receive the highest-possible mark, too. Folks, this is exactly how we cut through the noise... Sure, the media's so-called experts all have opinions on Meta Platforms. But the Power Gauge tracks the real experts. And it's almost unanimously "very bullish" in this category. The media likes to contradict itself. But we don't need to throw up our hands in response. Instead, we can cut through the noise with the Power Gauge. It's our guiding light. Good investing, Briton Hill Market View Major Indexes and Notable Sectors # Hld: Bullish Neutral Bearish Dow 30 -0.08% 5 22 3 S&P 500 +0.86% 115 279 105 Nasdaq +2.43% 45 41 14 Small Caps -0.78% 429 923 526 Bonds -0.23% Information Technology +3.84% 34 30 0 — According to the Chaikin Power Bar, Small Cap stocks remain somewhat more Bearish than Large Cap stocks. Major indexes are mixed. * * * * Sector Tracker Sector movement over the last 5 days Information Technology +1.70% Energy +0.03% Communication -1.33% Health Care -2.23% Industrials -2.41% Utilities -2.45% Real Estate -2.70% Financial -2.72% Discretionary -2.85% Materials -3.28% Staples -3.55% * * * * Industry Focus Health Care Services 7 38 17 Over the past 6 months, the Health Care Services subsector (XHS) has underperformed the S&P 500 by -1.62%. Its Power Bar ratio, which measures future potential, is Weak, with more Bearish than Bullish stocks. It is currently ranked #13 of 21 subsectors and has moved down 2 slots over the past week. Indicative Stocks [rating] GH Guardant Health, Inc [rating] AHCO AdaptHealth Corp. [rating] BKD Brookdale Senior Liv * * * * Top Movers Gainers [rating] NVDA +24.37% [rating] MPWR +17.46% [rating] AMD +11.16% [rating] ANET +10.61% [rating] CDNS +10.22% Losers [rating] DLTR -12.03% [rating] ILMN -8.99% [rating] PODD -5.68% [rating] INTC -5.52% [rating] T -5.02% * * * * Earnings Report Reporting Today Rating Before Open After Close VMW JWN BAH No earnings reporting today. Earnings Surprises [rating] ULTA Ulta Beauty, Inc. Q1 $6.68 Beat by $1.08 [rating] WDAY Workday, Inc. Q1 $0.99 Beat by $0.09 [rating] DLTR Dollar Tree, Inc. Q1 $1.47 Missed by $-0.07 [rating] BBY Best Buy Co., Inc. Q1 $1.15 Beat by $0.05 [rating] COST Costco Wholesale Corporation Q2 $3.30 Beat by $0.10 * * * * You have received this e-mail as part of your subscription to PowerFeed. 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