Buy or Sell These Big Tech Stocks After Earnings?

By Mark Roussin, CPA – Apr 29, 2024 at 9:54AM

NASDAQ: META

Meta Platforms

Market Cap

$1,221B

Today's Change

(-1.04%) -$5.01

Current Price

$476.53

Price as of May 16, 2024, 3:19 p.m. ET

Alphabet, Meta Platforms, and Microsoft reported earnings last week.

The Q1 2024 earnings season is underway with a large majority of companies beating estimates. This past week, Microsoft (MSFT -0.28%), Meta Platforms (META -1.04%), and Alphabet (GOOGL 1.03%) all reported earnings that beat estimates, but not all three saw their stock prices climb.

In today's video, I will touch on the earnings, but I will also look more closely at valuation to determine if the stock is a buy, sell, or hold.

Check out this short video to learn more, consider subscribing to the channel, and check out the special offer in the link below.

*Stock prices used were end-of-day prices of April 25, 2024. The video was published on April 26, 2024.

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Mark Roussin, CPA has positions in Alphabet and Microsoft. The Motley Fool has positions in and recommends Alphabet, Meta Platforms, and Microsoft. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Mark Roussin is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.