From Nasdaq:

For investors, keeping track of stock price changes is essential for their investment portfolios and comparisons across industries. FOMO heavily affects investing, particularly with tech giants and consumer-facing stocks.

Meta Platforms, the world’s largest social media platform, boasts an evolved portfolio offering now used by almost 3.96 billion people on a monthly basis. Headquartered in California, Meta generated revenues of $116.61 billion in 2022.

Meta Platforms performed exceedingly well over the last decade, giving an ROI of 539.40%. The S&P 500 rose 159.64%, and the price of gold increased 58.28% over the same period.

Analysts are expecting future upside for Meta Platforms due to steady user growth and increased engagement for its offerings. AI recommendations and its innovative portfolio continue to drive upward projections.

Zacks Investment Research is providing a bonus report about the explosive growth of the AI industry. They name and explain an explosive growth stock and 4 other “must buys.”

Zacks has also free stock reports and analysis available on their site.

The views expressed herein are the opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



Read more: Here’s How Much You’d Have If You Invested $1000 in Meta Platforms a Decade Ago