Buying This Tech Stock Could Be Like Buying Meta Platforms in 2022
If you bought shares of Meta Platforms in late 2022, you could have more than doubled, possibly tripled, your investment. Buying a solid stock when the markets are overly bearish on it can prove to be an excellent move in the long run. In Meta's case, the recovery happened incredibly quickly.
One stock that could have the potential to generate similar returns is Alibaba Group Holding (NYSE: BABA). The tech stock has been struggling in recent years as investors have grown concerned about the impact the Chinese government has on the business -- it has a stake in over a dozen of Alibaba's entities.
Source Fool.com
Meta Platforms Inc. Stock
€431.00
0.140%
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 16.01% compared to the current price of 431.0 € for Meta Platforms Inc..
