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Is It Too Late to Buy Meta Platforms Stock?

TheMotleyFool

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Is It Too Late to Buy Meta Platforms Stock?: https://g.foolcdn.com/editorial/images/724153/a-number-of-people-sitting-on-a-bench-and-smiling-while-looking-at-smartphones.jpg

After losing more than half its value last year, Meta Platforms (NASDAQ: META) stock has been on fire in 2023, with shares up roughly 51%. While that's nothing to sneeze at, that's just the tip of the iceberg compared to its long-term performance. In fact, since its debut as Facebook just over a decade ago, Meta Platforms has gained roughly 375% -- even after the stock's recent shellacking.

This leaves investors in a predicament. Given its significant gains over the past 10 years, would-be investors are left wondering if they've already missed the boat on Meta Platforms. Let's take a step back to see if the stock is still a buy.

Image source: Meta Platforms.

Source Fool.com

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