Meta: An AI Infrastructure Play In Disguise (NASDAQ:META)

Core Insights - Meta Platforms has experienced significant stock performance over the past three years, particularly following CEO Mark Zuckerberg's announcement in early 2023 regarding the company's strategic direction [1] Company Overview - The company is focused on long-term growth and value creation, emphasizing durable business models with economic resilience and pricing power [1] - Meta operates within the Technology sector, with a keen interest in scalable business models and network effects [1] Financial Performance - The article highlights the importance of analyzing capital allocation strategies, margin trajectories, and unit economics to assess the sustainability of growth and returns [1] Investment Strategy - The focus is on identifying high-moat businesses and structurally growing industries that can outperform over time due to their intrinsic value creation mechanisms [1]