中文翻译
他们的广告业务正在增长 -> 自由现金流(FCF)足以支付任何资本支出(Capex)。上季度FCF超过100亿美元，但所有人却对支出感到恐慌。 $META 同比增长26%，远期市盈率(Forward P/E)为18.9倍。 $WMT 的增长与通胀持平，远期市盈率却超过40倍。 目前市场存在一些定价错误。
· 个股论点
对比META与WMT估值，指出市场存在定价错误。
英文原文
They're growing ads -> FCF would pay for any capex. FCF was $10B+ Last quarter yet everyone was scared for their lives on spend. $META is growing 26% Y/Y and their forward P/E is 18.9X. $WMT is growing in line with inflation with a forward P/E of 40x+. There's just some mispricing in the market right now