AmyMacaulay
2021-12-18

Facebook’s biggest problem is having too much cash. They can’t get authorized for purchases of bigger companies due to having so much cash. They are solving this by increasing stock repurchases. This takes shares off of the table and thus increases EPS even more than the already expected 20-30% next year. Anytime your biggest problem is having too much cash, you are doing something right. $Meta Platforms, Inc.(FB)$

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