Meta Platforms Is a Trillion Dollar Stock Again! But Is It Still a Buy?
Few companies have taken investors on as much of a roller coaster ride as Meta Platforms (NASDAQ: META), formerly known as Facebook. In late 2021, Meta's stock hit an all-time high of $382 before plummeting to a bottom of $89 per share in late 2022 -- a greater than 76% drop.
However, the stock has marched straight up since then, setting a new all-time high in January 2024 before jumping an astounding 20% to $475 after reporting Q4 earnings.
With Meta Platforms solidly back in the trillion-dollar stock club, many investors may wonder if it's time to take some gains or sell the stock outright. After all, if you bought at the bottom, you're up 434% in just over a year. Despite a strong temptation to do that, I think it's a mistake, especially after reviewing what the company said.
Source Fool.com
Meta Platforms Inc. Aktie
Mehrere Buy-Einschätzungen bei Meta Platforms Inc., die die Sell-Zahlen überflügeln.
Ein leicht positives Kursziel von 500 € für Meta Platforms Inc. gegenüber dem aktuellen Kurs von 478.4 € wird gesehen.
