Meta: If You're Bearish Now, You're Selling At The Bottom

Meta Platforms, Inc. stock is under pressure amid renewed AI bubble fears, and legal headwinds, yet the fundamental thesis is not broken, presenting a compelling risk-reward opportunity. META's aggressive AI capex has squeezed free cash flow, while its off-balance-sheet commitments pose risks if revenue fails to grow fast enough. I expect META to scale business agents, enterprise APIs, consumer subscriptions, and potentially sell compute directly to third party, diversifying beyond its core ads business. Legal risks, including a possible $200B youth safety penalty, and delayed monetization of AI investments may weigh on sentiment, but I remain bullish over a 2-3 year horizon.