Is It Too Late to Buy Meta Platforms Stock?
Thanks to its incredibly popular social media apps, Meta Platforms (NASDAQ: META) is one of the most dominant businesses on the face of the planet. And it has undoubtedly been one of the best investments investors could've made. In the past decade, shares have soared 609%, turning a $10,000 investment into almost $71,000 today.
As of this writing, Meta carries a market cap of about $1.3 trillion. And it generated trailing-12-month revenue of $150 billion. So, is it too late to buy this "Magnificent Seven" stock?
To answer that question, investors must take the time to understand all of the favorable qualities this company possesses. There are a few traits worth highlighting that point to Meta being a high-quality enterprise.
Source Fool.com
Meta Platforms Inc. Stock
€478.40
-2.200%
With 8 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 500 € there is a slightly positive potential of 4.52% for Meta Platforms Inc. compared to the current price of 478.4 €.
