Meta Platforms Stock Is 328% Off Its 2022 Low. Should Investors Sell?

Sometimes, investing questions have no perfect answer. Shares of Meta Platforms (NASDAQ: META), the social media giant that owns Facebook, Instagram, and WhatsApp, have risen a staggering 328% since late 2022. Do investors who rode most of this exhilarating ride sell and take their profits?

At first glance, "duh" might be the correct answer. Gaining over 300% would take years in the broader stock market. There's nothing wrong with doing just that. However, there is a strong argument that Meta's stock still has some mojo left. Perhaps it can continue building on its epic run.

Let's look at the evidence and see if investors have enough in hand to make the right call. There's also an alternative worth considering.

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Source Fool.com