Power Lunch cover image

A rally on Wall Street, throwing in the towel on housing and Wolfgang Puck 10/21/22

Power Lunch

00:00

SNAP Is Having a Rough Day in the Market.

All the major averages are up more than 2% right now. SNAP is having a very rough day in the market. We're at a new 52-week low down 30%. If you're looking at 12 times earnings estimates for Meta for next year, which is offering a below-market multiple and above-average growth, we like that combination.

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