From Nasdaq: 2025-02-18 11:00:00

Meta Platforms, the parent company of Facebook, has achieved a significant milestone with its stock reaching an all-time high after rising for 20 consecutive trading days. The stock is up 25.8% since the beginning of the year and 600% from its 2022 lows, making it the top performer among big tech stocks. Investors are encouraged to consider ETFs with a large allocation to Meta Platforms, such as IXP, FCOM, VOX, XLC, and FDN.

Key factors driving Meta’s outperformance include significant investments in Artificial Intelligence, expansion into AI hardware, and dominance in advertising. The company plans to spend $60-$65 billion on AI infrastructure investments by 2025, aiming to reach over 1 billion people with a highly intelligent AI assistant. Meta is also exploring AI-powered humanoid robots and considering acquiring South Korean chip startup FuriosaAI to enhance its AI hardware capabilities.

Wall Street analysts have been bullish on Meta, with the stock receiving a strong buy recommendation from 83.33% of analysts and an average price target of $738.08. Despite its growth, Meta trades at a discount compared to the industry average, making it an attractive investment opportunity.

Investors looking to capitalize on Meta’s success can consider ETFs like IXP, FCOM, VOX, XLC, and FDN, which offer exposure to the communication sector and have Meta Platforms as a top holding. These ETFs provide global exposure to media, entertainment, social media, and telecommunication services, making them ideal for investors seeking to benefit from Meta’s record-breaking rally.



Read more at Nasdaq: 5 ETFs to Ride META’s Record-Winning Rally