Is Meta Platforms a Must-Own Stock in This Market?
2023 has been one for the books for Meta Platforms (NASDAQ: META) investors. The stock has risen around 180% so far in 2023, thanks to a sentiment shift by CEO Mark Zuckerberg. With his focus on efficiency, the company has made incredible gains.
While he has certainly made good on his promises that 2023 will be the year of efficiency, Meta's business is also starting to turn around. With two massive tailwinds blowing in Meta's favor, is it a must-own stock? Let's find out.
Most people know Meta by its former name, Facebook. The name change occurred in late 2021 to signal investors about its focus on investing in the metaverse. And "invest" it has.
Source Fool.com
Meta Platforms Inc. Stock
€429.00
2.510%
With 10 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 16.55% for Meta Platforms Inc. compared to the current price of 429.0 €.
