Is It Too Late to Buy Meta Platforms Stock?
Meta Platforms (NASDAQ: META) stock has been on a tear in 2023, with shares up roughly 125%, or more than 8 times the gains of the S 500. This is in stark contrast to 2022, when the stock cratered over 64%.
The blistering move higher this year came as the social media titan returned to growth, with its rebound further fueled by the fervor surrounding all things artificial intelligence (AI).
This leaves investors who sat out Meta Platforms' current rally with a conundrum. Should they buy with the expectation of additional gains, or avoid the stock because of its lofty valuation and the remaining uncertainty regarding digital advertising? Let's take a closer look.
Source Fool.com
Meta Platforms Inc. Aktie
478,40 €
-2,20 %
Eine Tendenz zu Buy-Einschätzungen bei Meta Platforms Inc., überwiegend gegenüber Sell-Einschätzungen.
Das von der Community festgelegte Kursziel von 500 € für Meta Platforms Inc. deutet auf ein leichtes Wachstumspotenzial im Vergleich zu 478.4 € hin.
