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A comment on Meta Reports Fourth Quarter and Full Year 2024 Results. Parent comment

Re:Meta Reports Fourth Quarter and Full Year 2024 Results by voidfunc on Wednesday January 29, 2025 @07:27PM (#42873273)
The stock went up 70% in the last year. In what fantasy world is Meta not a growth stock?
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Re:Meta Reports Fourth Quarter and Full Year 2024 Results by tzs on Wednesday January 29, 2025 @09:04PM (#42873934)
What's the definition of a growth stock? Is Walmart a growth stock, for example (it went up 77% in the last year)?
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Re:Meta Reports Fourth Quarter and Full Year 2024 Results by kranke155 on Thursday January 30, 2025 @03:46AM (#42876098)
A growth stock has no relation to being innovative. You could grow by just having a giant patent portfolio and litigating aggressively.

I would argue that Meta is just reaping the benefit and profits from some very old IP, some of which they don’t know how to monetise.

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