2 Top Social Media Stocks to Consider Buying Now -- and 1 to Avoid
Using social media apps is nearly unavoidable these days, and with the prevalence of these companies growing, some investors are left trying to figure out which ones will make good, long-term investments. Aside from picking great social media stocks, investors also need to know which ones should be avoided right now.
It's not too hard to guess that social media giant Facebook (NASDAQ: FB) makes the top social media stock buy list, but so does the China-based social media powerhouse Weibo (NASDAQ: WB). Both companies dominate the social media landscape and will likely continue to do so for years to come. Unfortunately, the freshly IPO'd Snap Inc. (NYSE: SNAP) doesn't earn the same standing. Let's take a quick dive into each company to find out why.
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Source: Fool.com
Meta Platforms Inc. Stock
We see a rather positive sentiment for Meta Platforms Inc. with 9 Buy predictions and 2 Sell predictions.
As a result the target price of 500 € shows a slightly positive potential of 16.17% compared to the current price of 430.4 € for Meta Platforms Inc..
