Meta: Reality Labs Could Take Off Sooner Than Later

  • I reaffirm my strong buy rating on Meta and I project the stock testing all-time highs in the next few months. I see high potential in the Reality Labs segment from the new deal with Anduril, the store expansion strategy, and the potential deal with Hollywood for exclusive content. The store expansion is key in the VR strategy. I believe this will give skeptics a chance to try the headsets and experience the full potential of the immersive technology.