iShares iBonds Dec 2024 Term Corporate ETF (ARCA: IBDP)

Latest News for iShares iBonds Dec 2024 Term Corporate ETF (ARCA:IBDP)

iShares iBonds Dec 2024 Term Corporate ETF

iShares iBonds Dec 2024 Corporate ETF

Steel Dynamics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) has outperformed the market over the past 15 years by 4.15% on an annualized basis producing an average annual return of 16.33%. Currently, Steel Dynamics has a market capitalization of $21.01 billion. 
Buying $100 In STLD: If an investor had bought $100 of STLD stock 15 years ago, it would be worth $1,039.48 today based on a price of $133.03 for STLD at the time of writing.
<h3>Steel Dynamics's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714141819_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

News

Trading Ideas

STLD

$100 Invested In Steel Dynamics 15 Years Ago Would Be Worth This Much Today

Novo Nordisk (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVO#NYSE">NVO</a>) has outperformed the market over the past 10 years by 8.67% on an annualized basis producing an average annual return of 19.12%. Currently, Novo Nordisk has a market capitalization of $565.70 billion. 
Buying $1000 In NVO: If an investor had bought $1000 of NVO stock 10 years ago, it would be worth $5,586.46 today based on a price of $126.80 for NVO at the time of writing.
<h3>Novo Nordisk's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714141814_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Novo Nordisk Stock In The Last 10 Years

Glen Burnie Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLBZ#NASDAQ">GLBZ</a>) reported $2.80 million in sales this quarter. This is a 18.17 percent decrease over sales of $3.42 million the same period last year.

Earnings

GLBZ

Glen Burnie Bancorp Q1 EPS $0.00 Down From $0.15 YoY; Sales $2.80M Down From $3.42M YoY

Piper Sandler analyst Nathan Race reiterates Bridgewater Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BWB#NASDAQ">BWB</a>) with a Overweight and lowers the price target from $14.5 to $14.

Price Target

Reiteration

Analyst Ratings

Piper Sandler Reiterates Overweight on Bridgewater Bancshares, Lowers Price Target to $14

Barclays analyst Brandon Oglenski maintains Southwest Airlines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>) with a Equal-Weight and lowers the price target from $30 to $26.

Barclays Maintains Equal-Weight on Southwest Airlines, Lowers Price Target to $26

Up to $187M CAD to be invested to progress expansion of chip packaging capacity and capabilities and to strengthen R&amp;D at IBM Canada's Bromont plant

Contracts

IBM, Government Of Canada, Government Of Quebec Sign Agreements To Strengthen Canada's Semiconductor Industry; Up To C$187M To Be Invested

Macro Economic Events

WIIM

Economics

SPDR Dow Jones Industrial Average ETF Trust

QQQM

Major indexes are higher following strong earnings from Alphabet and Microsoft.

Piper Sandler analyst Thomas Champion reiterates Alphabet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) with a Overweight and raises the price target from $160 to $200.

GOOG

GOOGL

Piper Sandler Reiterates Overweight on Alphabet, Raises Price Target to $200

Roper Technologies Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROP#NASDAQ">ROP</a>) reported&nbsp;fiscal first-quarter 2024 revenue growth of 14% year-on-year to $1.68 billion, beating the analyst consensus&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/04/g38455590/roper-technologies-announces-first-quarter-financial-results" rel="noreferrer noopener">estimate of $1.65 billion</a>. Adjusted EPS of $4.41&nbsp;beat the analyst&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">consensus estimate of $4.34</a>.
Gross profit increased to $1.18 billion from $1.02 billion a year ago. Operating income increased to $483.9 million from $360.1 million the prior quarter.
Adjusted EBITDA rose 16%&nbsp;year over year&nbsp;to $676 million, and margin expanded by 60 basis points to 40.2%.
Operating cash flow for the quarter totaled $531 million, up by 14% Y/Y.
The company held $198.4 million in cash and equivalents as of March 31, 2024.
Neil Hunn, Roper Technologies&#8217; President and&nbsp;CEO&nbsp;said, &#8220;We completed our acquisition of Procare during the first quarter and remain excited about the value creation opportunity this represents for Roper.&#8221; &#8220;We are increasing our&nbsp;full year&nbsp;2024 outlook, supported by our strong first quarter results, continued customer demand for our businesses&#8217; mission critical solutions, and the ongoing expansion of our recurring revenue base.
Outlook:&nbsp;<a target="_blank" href="https://investors.ropertech.com/investors/webcasts-presentations/default.aspx" rel="noreferrer noopener">Roper expects FY24</a>&nbsp;revenue growth of ~12% (prior 11% &#8211; 12%) vs. consensus of $6.89 billion and adjusted EPS of $18.05 &#8211; $18.25 (<a target="_blank" href="https://www.benzinga.com/news/earnings/24/01/36869450/why-software-technology-company-roper-shares-are-down-today" rel="noreferrer noopener">prior $17.85 &#8211; $18.15</a>) vs. $18.12 estimate.
&nbsp;Roper expects adjusted EPS of $4.42 &#8211; $4.46 for its second quarter, compared to the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">Street view of $4.49</a>.
Roper Technologies stock gained over 25% in the last 12 months. Investors can gain exposure to the stock via&nbsp;Invesco Water Resources ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PHO#NASDAQ">PHO</a>) and&nbsp;First Trust Water ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIW#NYSE">FIW</a>).
<h2 class="wp-block-heading">Is Roper Tech A Good Stock To Buy?</h2>
Wall Street analysts view Roper Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROP#NASDAQ">ROP</a>) on the whole as a Outperform, given the history of coverage over the past three months. Christopher Glynn from Oppenheimer in Roper Techs is the most optimistic, expecting a 12.07% rise in the stock in the coming year.
But looking at how the market as a whole thinks of the stock, you can reference historical price action for views on whether investors feel strongly about the stock one way or another. In the past 3 months, Roper Techs fell 2.79%, which indicates that opinion soured on the business and how attractive it is to own based on either its stock price, or underlying fundamentals, like revenue, which rose 14.35% over the past year.
A complete overview of how Wall Street views individual stocks is available <a href='https://www.benzinga.com/analyst-stock-ratings'>here</a>, while real time updates on the latest analyst actions will be delivered via <a href='https://pro.benzinga.com'>Benzinga PRO</a>. Try it for free.
Price Action: ROP shares closed higher by 0.45% at $540.41 at last check on Thursday.
Image: Shutterstock/ whiteMocca

Guidance

Tech

PowerShares Exchange Traded Fund Water Resource Portfolio

Software Provider Roper Tech Boosts Annual Outlook Following Q1 Performance: The Details

Piper Sandler analyst Adam Maeder maintains Edwards Lifesciences (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EW#NYSE">EW</a>) with a Neutral and raises the price target from $85 to $88.

Piper Sandler Maintains Neutral on Edwards Lifesciences, Raises Price Target to $88

SKYW

SkyWest shares are trading higher after the company reported better-than-expected Q1 financial results.

Good Morning Traders! In today&#39;s Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA.
Our proprietary formula, exclusive to Market Clubhouse, dictates these price levels. This dynamic equation takes into account price, volume, and options flow. These levels are updated every day and shared with all Clubhouse Members, prior to the opening of the market.
We recommend closely monitoring these stocks, and be prepared to leverage potential breakouts or reversals. As always, stay alert and ready to adjust your tactics based on the market&#39;s pulse to optimize your trading gains. Now, let&#39;s dive into the stock analysis:
<h3>SPDR S&amp;P 500 ETF Trust</h3>
The SPY&nbsp;(ARCA: SPY) is currently trading around our level of 506.71. Bulls are aiming for an initial push higher to 507.52. If momentum sustains and the price stays robust above 507.52, the next target for buyers is 508.34. Holding 508.34 during the trading hours would likely lead to a move towards 509.49, with an ultimate high target for the day at 510.95.
On the flip side, if the SPY fails to maintain 506.71 as support, we anticipate bears to test the strength at 506.06. Should selling intensify, the next focus shifts to 505.32. Breaking this level under heavy selling pressure could lead to a stronger support at 503.95. In a notably bearish scenario, our day&#39;s low target is 502.85.
<h3>Invesco QQQ Trust Series 1</h3>
The QQQs&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qqq#NASDAQ">QQQ</a>) are presently trading around a pivotal level of 428.50. Bulls are encouraged by holding above 429.40, eyeing the next level of 430.16 as a strong support. If this level is sustained, it could lead to claiming 431.82, with potential testing of 433.64 if buying pressure continues. The high target for bulls today is 434.76.
Conversely, if 428.50 does not hold, bears might take charge and drive the price down to 427.32. Continued weakness could see further testing at 425.77 and 424.82. If 424.82 also gives way, bears might drive the price down to today&rsquo;s low target of 423.27.
<h3>Apple Inc.</h3>
Apple&#39;s&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aapl#NASDAQ">AAPL</a>) stock is currently at around 169.73. Bulls are focusing on maintaining 170.32 as support, aiming for a rally towards 171.13. With sustained bullish momentum, the next targets are 171.79 and the high for the day at 172.45.
If Apple&#39;s price cannot sustain 169.73 as support, bears might push it down to 168.99. A continuation of selling could bring the stock down further to 168.41 and potentially 168.00. If the downtrend intensifies, the lowest bear target for the day is 167.09.
<h3>Microsoft Corp.</h3>
Microsoft&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/msft#NASDAQ">MSFT</a>) is currently at 414.56. Bulls are looking to hold above 416.32, with a push towards 417.25 which needs to be sustained as support. A firm hold could lead to a target of 419.17, and if buying momentum continues, the high target for the day is 420.26.
Should Microsoft fail to hold 414.56 as support, bears may target 411.72. Further breakdowns could lead to tests at 409.69 and 407.11. In a strong bearish scenario, the low target is set at 404.92.
<h3>NVIDIA Corporation</h3>
NVIDIA&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvda#NASDAQ">NVDA</a>) is trading around 837.58. Bulls aim to push the price up to 842.42, which they seek to establish as firm support. Continued buying could lift the price further to 846.80 and up to 852.61. The high bull target for today is 858.43.
If NVIDIA cannot sustain 837.58 as a strong support, bears might bring it down to 833.50. With sellers present, a breakdown to 827.98 could follow. In a bearish market, we might see a test at 823.52, with the day&rsquo;s low target at 816.95.
<h3>Alphabet Inc Class A</h3>
Alphabet&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/googl#NASDAQ">GOOGL</a>) is currently positioned around 174.01. Bulls aim to secure 175.12 as support, potentially driving the stock to 176.23. Sustained bullish momentum could lead to a high target of 177.28.
If Alphabet fails to keep 174.01 as support, bears might lower it to 172.28. A break below this level could lead to further selling, targeting 171.14. In extreme selling conditions, the low bear target for the day is 169.34.
<h3>Meta Platforms Inc</h3>
Meta&#39;s&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/meta#NASDAQ">META</a>) trading level starts today at 446.90. Bulls are looking to maintain strength above this mark, aiming higher at 450.55. If the buying side remains robust, the price could escalate to 453.45 and eventually to the high bull target of 458.59.
If Meta cannot hold 446.90 as support, a bearish move towards 441.35 could ensue. Persistent selling might drive the price further down to 436.87. If the downtrend continues, the lowest bear target for the day is 432.39.
<h3>Tesla Inc.</h3>
Tesla&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>) starts the day at 172.61. Bulls will try to drive the price up to 176.34. Continued buying could see the price reaching 179.79. A bullish market scenario might lead to a test at 182.53, aiming for a high bull target of 184.10.
If Tesla cannot maintain 172.61 as strong support, bears might target 169.70. Persistent selling could see further lows at 166.89 and 164.87. If the bearish pressure is heavy, the low target for the day is set at 162.32.
Final Word:&nbsp; Today&#39;s trading session is marked by the release of the PCE Deflator and Personal Income and Spending data for March at 8:30 AM ET. Later, the University of Michigan Sentiment and inflation outlook will be released at 10 AM ET. Significant volatility is expected due to the strong earnings reports from Microsoft and Alphabet released yesterday. Good luck, trade safely, and Happy Friday!
The Morning Memo is curated by RIPS, a pro trader with years of experience in equities, options, and futures trading. RIPS is at the heart of the exclusive Market Clubhouse community, offering his insights, expertise, and real-time mentorship.
Start your day with a live daily market analysis, a carefully selected watch list, early access to the Morning Memo, and exclusive Market Clubhouse price levels, providing precise support and resistance indicators. When you become a member of Market Clubhouse, you will gain early access to the Morning Memo, just like this one, every single day&mdash;hours before it&#39;s published. You will also have access to a live stream with zero latency and screen sharing, enabling you to witness Rips executing his trades in real-time and sharing his exclusive trading plans, strategies, and live decision-making.
For a limited time during our special promotion, you can join RIPS and get a full access pass to Market Clubhouse for 7 full days for just $7. Check it out at <a href="https://marketclubhouse.club/7Days/" title="https://marketclubhouse.club/7Days/">https://marketclubhouse.club/7Days/</a> where you can trade live with him and tap into his wealth of knowledge and experience. You can also catch Rips on his live day trading streams every Monday-Friday at 8 am EST on the Market Clubhouse YouTube channel: <a href="https://www.youtube.com/@MarketClubhouse" title="https://www.youtube.com/@MarketClubhouse">https://www.youtube.com/@MarketClubhouse</a>.
This article is from an unpaid external contributor. It does not represent Benzinga&#39;s reporting and has not been edited for content or accuracy.

Markets

AAPL

MSFT

NVDA

TSLA

Market Clubhouse Morning Memo - April 26th, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, And TSLA)

Wedbush analyst David Chiaverini reiterates Columbia Banking System (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COLB#NASDAQ">COLB</a>) with a Neutral and maintains $20 price target.

COLB

Wedbush Reiterates Neutral on Columbia Banking System, Maintains $20 Price Target

The Federal Bureau of Investigation (FBI) has issued a warning urging Americans to steer clear of unregistered cryptocurrency <a href="https://www.benzinga.com/money/best-crypto-wallets">money-transmitting services</a>. 
What Happened: This <a href="https://www.ic3.gov/Media/Y2024/PSA240425">alert</a>, primarily aimed at smart-contract-driven privacy tools, was part of a public service announcement on April 25, emphasizing the use of registered Cryptocurrency Money Services Businesses (CMSBs) that adhere to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.
The FBI&#8217;s announcement highlighted recent law enforcement actions against non-compliant cryptocurrency services. 
These actions have reportedly targeted services operating outside federal regulatory frameworks, and the FBI warned that individuals using these services might face financial disruptions, especially if their funds are mixed with those obtained through illegal means.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/events/digital-assets/"><img loading="lazy" decoding="async" width="300" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/29155259/905735A6-57D3-4874-9AA1-75D037842DB3-2.gif" alt="Benzinga Future of Digital Assets conference" class="wp-image-270548" /></a></figure>
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38437196/this-famous-buy-bitcoin-sign-netted-an-intern-1m" target="_blank" rel="noreferrer noopener">This Famous ‘Buy Bitcoin' Sign Netted An Intern $1M</a>
The legal landscape for cryptocurrency in the U.S. continues to grow more complex as evidenced by the recent arrests of Samourai Wallet co-founders Keonne Rodriguez and William Hill on charges of money laundering and operating an unlicensed money-transmitting business, facing up to 25 years in prison if convicted.
The definition of what constitutes a Money Services Business (MSB) remains a contentious issue. 
Ryan Sean Adams, co-founder of Bankless, described the FBI's stance as "eerie," questioning the broad application of the MSB designation to various crypto services. 
His concerns reflect a broader uncertainty about how code or crypto wallets might be treated under regulatory frameworks.
This regulatory uncertainty was underscored on the same day as Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) development firm Consensys <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38441774/consensys-sues-sec-over-ethereum-classification-calls-for-regulatory-clarity">filed a lawsuit against the SEC</a>, accusing it of trying to &#8220;seize control over the future of cryptocurrency&#8221; by classifying Ether as a security through enforcement actions rather than through clear, purpose-built regulation.
What&#8217;s Next: These escalating tensions between crypto firms and regulators highlight the growing need for clear, functional regulatory frameworks—a topic that will be prominently discussed at the upcoming Benzinga&#8217;s <a href="https://www.benzinga.com/events/digital-assets/agenda/">Future of Digital Assets</a> event on Nov. 19.
Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38431860/maxine-waters-says-stablecoin-bill-in-the-short-run-coming" target="_blank" rel="noreferrer noopener">Maxine Waters Says ‘Stablecoin Bill In The Short Run' Coming</a>
Image: Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$ETH

FBI Issues Warning Against Unregistered Crypto Services Amid Privacy Concerns

Piper Sandler analyst Andrew Liesch maintains Heritage Commerce (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTBK#NASDAQ">HTBK</a>) with a Overweight and lowers the price target from $11 to $10.

HTBK

Piper Sandler Maintains Overweight on Heritage Commerce, Lowers Price Target to $10

Earnings Beats

Earnings Misses

CORRECTION: Imperial Oil Q1 EPS $1.65 Beats $1.51 Estimate, Sales $9.11B Miss $12.57B Estimate.

Piper Sandler analyst Matt Farrell reiterates Roku (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>) with a Neutral and lowers the price target from $81 to $65.

ROKU

Piper Sandler Reiterates Neutral on Roku, Lowers Price Target to $65

Barclays analyst Brandt Montour maintains Royal Caribbean Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>) with a Overweight and raises the price target from $154 to $165.

Barclays Maintains Overweight on Royal Caribbean Gr, Raises Price Target to $165

Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), formerly Facebook, recently reported a revenue and earnings beat for Q1 2024 but issued disappointing guidance <a href="https://www.benzinga.com/quote/META/earnings">for the future</a>. 
This news caused the stock to drop 11% in extended trading, overshadowing the positive quarterly results. While earnings per share ($4.71) and revenue ($36.46 billion) exceeded expectations, the company&#8217;s forecast for Q2 fell short of analysts&#8217; estimates, with projected revenue between $36.5 billion and $39 billion.
Also Read: <a href="https://www.benzinga.com/trading-ideas/24/04/38439620/metas-unexpected-stock-plunge-following-a-strong-earnings-report-and-bold-ai-investment">Meta&#8217;s Unexpected Stock Plunge Following A Strong Earnings Report And Bold AI Investment</a>
Reddit users on r/stocks <a href="https://www.reddit.com/r/stocks/comments/1cc89fj/meta_reports_revenue_and_earnings_beat_but_issues/">shared their views</a> on Meta&#8217;s performance and valuation. They drew comparisons to other tech giants like Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and discussed the company&#8217;s anticipated capital expenditures (capex) in artificial intelligence (AI).
<h2 class="wp-block-heading">Comparing Valuations To Tesla</h2>
Some Redditors compared Meta&#8217;s valuation to Tesla. They noted that while Tesla has a trailing 12-month price-to-earnings (TTM PE) ratio over 30, Meta&#8217;s forward price-to-earnings (FWD P/E) ratio would be around 20, based on its expected low 20s earnings per share in 2024. 
They argued that Meta&#8217;s valuation is not as high relative to its growth rate and potential as Tesla&#8217;s.
&#8220;Meta actually has major profit margins unlike Tesla,&#8221; said Redditor Waitwhonow:
<figure class="wp-block-embed is-type-rich is-provider-reddit wp-block-embed-reddit"> 
<div class="wp-block-embed__wrapper">
<blockquote class="reddit-embed-bq" ><a href="https://www.reddit.com/r/stocks/comments/1cc89fj/comment/l13wlzr/">Comment</a> by<a href="https://www.reddit.com/user/Puginator/">u/Puginator</a> from discussion<a href="https://www.reddit.com/r/stocks/comments/1cc89fj/meta_reports_revenue_and_earnings_beat_but_issues/"><no value></no></a> in<a href="https://www.reddit.com/r/stocks/">stocks</a></blockquote>
<script async src="https://embed.reddit.com/widgets.js" charset="UTF-8"></script></div>
</figure>
Redditor shawman123 compared Meta stock&#8217;s valuation to the likes of Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) dba Google and Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>). The Redditor observed that these are all valued higher relative to Meta.
<figure class="wp-block-embed is-type-rich is-provider-reddit wp-block-embed-reddit"> 
<div class="wp-block-embed__wrapper">
<blockquote class="reddit-embed-bq" ><a href="https://www.reddit.com/r/stocks/comments/1cc89fj/comment/l13s9u6/">Comment</a> by<a href="https://www.reddit.com/user/Puginator/">u/Puginator</a> from discussion<a href="https://www.reddit.com/r/stocks/comments/1cc89fj/meta_reports_revenue_and_earnings_beat_but_issues/"><no value></no></a> in<a href="https://www.reddit.com/r/stocks/">stocks</a></blockquote>
<script async src="https://embed.reddit.com/widgets.js" charset="UTF-8"></script></div>
</figure>
<h2 class="wp-block-heading">AI Capex Requirement</h2>
Others highlighted Meta&#8217;s significant investments in AI and its potential impact on the company&#8217;s valuation. One user mentioned that CEO Mark Zuckerberg stated AI would require further investment before the company could profit from it. 
Despite this, they argued that Meta&#8217;s forward P/E was only slightly above the broader S&amp;P 500. This indicates that the stock may not be overvalued, especially considering its strong operating margin and double-digit growth rate.
<h2 class="wp-block-heading">Investor Sentiment and Market Reaction</h2>
Some Redditors expressed frustration with investor impatience, suggesting that the market&#8217;s reaction to Meta&#8217;s guidance was exaggerated. They argued that the company&#8217;s strong financial performance and strategic investments in AI should be the focus, rather than short-term fluctuations in stock price.
Meta&#8217;s recent performance and guidance have sparked lively discussions among investors on Reddit. While some view the stock&#8217;s drop as a buying opportunity, others caution that the company&#8217;s future depends on its ability to capitalize on its AI investments. As Meta continues to navigate these challenges, investors will closely monitor its progress and strategic decisions in the rapidly evolving tech landscape.
Read Next: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38441148/metas-q1-earnings-analysts-say-support-its-ai-strategy-use-meta-as-a-source-of-fund">Meta&#8217;s Q1 Earnings: Most Analysts Support AI Strategy, While One Says &#8216;Use Meta As A Source Of Funds,&#8217; Questions Its Long-Term Value</a>
Photo: Shutterstock

Long Ideas

Social Media

Opinion

'Meta Actually Has Major Profit Margins Unlike Tesla': Redditor Reacts To Stock Drop Following Q1 Earnings

Wedbush analyst David Chiaverini maintains Valley Ntl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VLY#NASDAQ">VLY</a>) with a Neutral and lowers the price target from $9 to $8.