Meta Platforms is predicted to be the next AI stock to split, with potential for growth

From Nasdaq: 2024-09-07 03:15:00

Stock splits have been a big trend this year, with companies like Nvidia and Broadcom making announcements to lower stock prices. Meta Platforms, trading at over $500, is predicted to be the next to split due to its solid growth and prospects. The company, focused on AI, sees potential in the growing market.

Meta is one of the cheapest Magnificent Seven stocks, making it accessible to a broader range of investors. With the AI market set to grow to over $1 trillion, Meta’s emphasis on AI investment is promising. The company’s track record of earnings growth and recent dividend launch show its strong financial position for growth.

Investors are intrigued by Meta’s emphasis on AI and potential for future expansion. The company aims to leverage AI to enhance its platforms, like Facebook and Instagram, bringing in more advertising revenue. With Meta’s financial strength and growth plans in place, now could be the right time for a stock split to attract more investors.

Considering Meta Platforms for investment, note that The Motley Fool Stock Advisor team has identified 10 top stocks for growth potential, with Meta not included. Their previous picks, like Nvidia, have seen significant returns. Stock Advisor provides guidance on building a portfolio with regular updates and stock picks, outperforming the S&P 500 since 2002.



Read more at Nasdaq: Prediction: This Will Be the Next Artificial Intelligence (AI) Stock Split