Meta Platforms (META) is a top-ranked momentum stock with positive earnings estimates and high success chance.
From Nasdaq: 2024-12-25 09:50:05
Zacks Premium offers daily updates of Zacks Rank and Industry Rank, Equity Research reports, and Premium stock screens for confident investing. Style Scores rate stocks on value, growth, and momentum. VGM Score combines all three. Stocks with Zacks Rank #1 or #2 and Style Scores of A or B have the highest chance of success.
Meta Platforms (META) is a #3 (Hold) on Zacks Rank with VGM Score of A. Momentum Style Score is A, with shares up 6% in four weeks. 19 analysts raised earnings estimates for fiscal 2024. Consensus Estimate increased to $22.68 per share, with an average earnings surprise of 11.3%. META is a top pick with solid Zacks Rank and Style Scores.
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Read more at Nasdaq: Meta Platforms (META) is a Top-Ranked Momentum Stock: Should You Buy?