Where Will Meta Platforms Be in 5 Years?
In the past five years, shares of Meta Platforms (NASDAQ: META) have soared 164%. That gain is impressive, but it has been an extremely volatile ride. Nonetheless, Meta has outpaced the Nasdaq Composite index's total return of 130% during that time frame.
Past returns are no guarantee of future results. But that won't stop investors from believing that the good times can continue. With that being said, where will this "Magnificent Seven" stock be in five years?
Meta is known for its popular family of apps, which includes Facebook, Instagram, WhatsApp, and Messenger. Combined, they have a jaw-dropping 3.24 billion daily active users. This is a massive sum that equals 40% of the global population. However, that figure increased by 7% in Q1 on a year-over-year basis.
Source Fool.com
Meta Platforms Inc. Aktie
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