Meta Platforms Is the Best-Performing FAANG Stock This Year. Can It Still Be Bought?
Considering its terrible business performance in 2022, you probably wouldn't have believed me if I had told you that Meta Platforms (NASDAQ: META) would start 2023 as the best-performing FAANG stock. Still, year to date, its stock has outperformed every other FAANG stock by almost doubling, up 93%. The next best-performing FAANG stock was Apple (NASDAQ: AAPL), which is up only 33%.
What's impressive is that, despite the colossal stock run so far in 2023, many Wall Street analysts believe Meta stock still has at least 20% more upside from current prices. So should you buy the stock today?
Let's see if we can answer that question.
Source Fool.com
Meta Platforms Inc. Aktie
Positive Stimmung für Meta Platforms Inc. mit mehreren Buy- gegenüber Sell-Einschätzungen.
Das Kursziel von 500 € für Meta Platforms Inc. zeigt eine leichte Steigerung gegenüber dem aktuellen Kurs von 477.15 € an.