Is Meta Platforms Stock a Buy Now?
Growth has been superb, boosted by the secular trend of digital advertising. In the past decade, Meta has posted a compound annual revenue gain of 29.7%. Given that the global market for digital ads is projected to go from $366 billion in 2022 to over $1 trillion in 2030, there is still a robust expansionary runway for Meta to take advantage of.
Meta Platforms Stock Just Notched a New All-Time High. Here's Why I'm Still Buying.
With the S&P 500 index notching a new all-time high, it's not surprising that many of its constituents are doing the same. One of the largest companies in that index is Meta Platforms (NASDAQ: META), the parent company of Facebook, Instagram, and other social media sites.
Meta Platforms Inc. introduced a new AI tool, Movie Gen, that can generate or edit videos based on simple text prompts.
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Meta Platforms (NASDAQ: META) has been a dream stock for investors, returning 90% over the past year and an even more ...
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