Core Insights - The recent market correction presents a buying opportunity for investors, as historically, the stock market tends to rise more than it falls Group 1: Meta Platforms - Meta Platforms has delivered over 585% returns in the last decade, supported by an annualized revenue growth of 29% [2] - The company boasts over 3.3 billion daily active users across its platforms, contributing to a revenue increase of 22% to $164 billion last year [3] - In Q4, Meta generated nearly $21 billion in net income despite spending $19 billion on expenses, with earnings per share growing 60% year over year [4] - Meta is investing in artificial intelligence, with projections of its AI assistant reaching over 1 billion users this year, which could enhance engagement and advertising growth [5] - The stock has declined 22% from recent highs due to economic concerns, but past declines have proven to be good buying opportunities, with a 375% increase since 2022 [6] - The digital ad market is a long-term growth driver for Meta, with the stock trading at 22 times this year's earnings estimate, attractive given a long-term earnings growth estimate of 17% [7] Group 2: Reddit - Reddit, following its IPO in 2024, saw its stock soar to over $200 before a 53% decline, with revenue growing 62% last year [8] - The social media ad spending is projected to reach $276 billion by 2025, presenting a significant opportunity for Reddit, which has $1.3 billion in trailing revenue [9] - Reddit's focus on community-driven content attracts users and advertisers, with logged-in users growing 27% year over year, increasing average revenue per unique user by 23% [10] - The company is beginning to explore international growth opportunities, utilizing AI to enhance content accessibility for non-English speakers [11] - The stock is trading at a price-to-sales multiple of 12, which is considered somewhat expensive, but Reddit is expected to grow into this valuation [11]