This "Magnificent Seven" Stock Is Down 10% After Reporting Q1 2024 Financials: Is It Now a Once-in-a-Generation Investment Opportunity?
After a difficult 2022 that saw shares crater 64%, Meta Platforms (NASDAQ: META) has been a phenomenal investment. The stock has climbed 267% since the start of last year, gaining investors' admiration once again.
But after Meta reported its latest financial results, investors seemed discouraged. As of this writing on the afternoon of April 25, shares are down about 10% since the announcement.
Does this setup make this "Magnificent Seven" stock a once-in-a-generation opportunity right now?
Source Fool.com
Meta Platforms Inc. Stock
€471.70
0.760%
With 7 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 6.0% for Meta Platforms Inc. compared to the current price of 471.7 €.
