3 Things About Meta Platforms That Smart Investors Know

Meta Platforms (NASDAQ: META) stock has been on a consistent march higher for almost all of 2023. Shares of the social media giant have more than doubled since early January, trouncing the 30% rally in the Nasdaq Composite index and putting shareholders closer to the all-time highs they saw back in late 2021.

That rally will be tested in a few weeks when Meta Platforms announces its fiscal Q2 earnings results. But in preparation for that report, let's take a look at a few characteristics of this stock that many investors may not know.

The best news out of Meta Platforms' late April quarterly announcement was that growth rates appear to have stabilized following a tough period for the business. Sales rose 3% through late March compared to a 1% decline in the full 2022 fiscal year.

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Source Fool.com