3 Stocks We’re Pitching
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 28 July 2022
⏱️ 24 minutes
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Summary
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| 0:00.0 | We've got retail, the social network, and three stock pitches you're going to want to |
| 0:09.3 | hear get something to take notes with. |
| 0:11.6 | Motley Fool Money starts now. |
| 0:13.1 | I'm Chris Hale, joining me from the Financial Capital of the United States of America. |
| 0:26.0 | Motley Fool, Senior Analyst, Maria Gallagher. |
| 0:27.8 | Thanks for being here. |
| 0:28.8 | Thanks for having me. |
| 0:30.8 | Let's start with the Facebook. |
| 0:33.1 | Meta Platforms, second quarter profits in revenue came in lower than expected, the stocks |
| 0:38.7 | getting hit. |
| 0:40.7 | This seems like, and this seems a little odd to say about a company this big, but Meta |
| 0:46.8 | Platforms seems like a company in transition right now. |
| 0:50.6 | And it seems like a rough patch because they are investing in the Metaverse while trying |
| 0:57.0 | to fight off TikTok while also continuing to deal with Apple's increased privacy, which |
| 1:03.1 | is affecting their ad targeting. |
| 1:06.8 | Where do you want to start with Meta Platforms? |
| 1:09.4 | I think that that's a pretty good overview. |
| 1:12.3 | I'll start with just a direct quote from the conference called from Mark Zuckerberg that |
| 1:16.3 | says, it's always hard to predict how deep or how long these cycles would be, but I'd |
| 1:20.1 | say the situation seems worse than it did a quarter ago. |
| 1:23.2 | So he really didn't come out with a lot of reassurance. |
| 1:27.9 | Right off the bat, I feel like you see a lot of CEO saying, here are all the things we're |
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