2023 has been one for the books for Meta Platforms (NASDAQ: META) investors. The stock has risen around 180% so far in 2023, thanks to a sentiment shift by CEO Mark Zuckerberg. With his focus on efficiency, the company has made incredible gains.

While he has certainly made good on his promises that 2023 will be the year of efficiency, Meta's business is also starting to turn around. With two massive tailwinds blowing in Meta's favor, is it a must-own stock? Let's find out.

Most people know Meta by its former name, Facebook. The name change occurred in late 2021 to signal investors about its focus on investing in the metaverse. And "invest" it has.

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Source Fool.com