Is It Too Late to Buy Meta Platforms Stock?
After a dismal 2022, Meta Platforms (NASDAQ: META) stock fired up the afterburners in 2023, with shares up roughly 162% so far this year (as of this writing), more than 13 times the gains of the S 500. This marks a stark reversal of fortune compared to last year when the stock plunged more than 64%.
The blistering gains this year came in response to a return to revenue growth after several quarters of declines. The social media empire also got a boost from the potential implications of its use of artificial intelligence (AI).
Investors that sat out Meta Platforms' current sprint higher are left with a quandary. Should they simply buy now in the hopes of further gains or avoid the stock because of its frothy valuation and the remaining uncertainty in the digital-advertising industry? Let's take a look.
Source Fool.com
Meta Platforms Inc. Aktie
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.
