From Nasdaq:

The S&P 500 has reached an all-time high, with the technology sector leading the market, particularly Big Tech companies such as Apple, Microsoft, Alphabet, Amazon, and Nvidia. With Meta Platforms approaching a $1 trillion market cap and a stock return of 194%, questions arise about the right time to invest in Meta stock. A closer look at Meta’s financial standing shows solid growth and operating margins. The company is uniquely positioned for growth in AI and virtual reality, especially with the emergence of smart glasses and generative AI model, Llama 2. Despite trading at a low P/E ratio, Meta stock could be an undervalued growth investment.



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