Is Meta Platforms Stock a Buy Now?
Meta Platforms (NASDAQ: META) is seeing its shares surge thanks to strong fourth-quarter 2023 financial results. Revenue in the last three months of the year totaled $40.1 billion, good for a 25% year-over-year gain. Diluted earnings per share (EPS) of $5.33 was up a whopping 203%.
Looking at these headline numbers, which both crushed Wall Street estimates, it's no wonder Meta stock climbed 20% the day immediately following the announcement. The market is once again excited about this business.
Is it time for you to buy this top FAANG stock now?
Source Fool.com