From Nasdaq: 2024-11-08 05:30:00

Meta Platforms, listed as NASDAQ: META, reported strong Q3 earnings despite a drop in stock value. With 95% of revenue coming from advertising on social media sites like Facebook and Instagram, Meta’s AI model, Llama, is gaining traction with clients like AT&T and Goldman Sachs. Heavy AI investments may pay off big in the future.

Investors are concerned about Meta’s increased capital expenditures in AI, but developing a leading AI model could be worth billions. Despite a current premium valuation, Meta’s stock remains a strong buy for the long term. The company’s focus on AI and social media could lead to a more impressive future version.

Don’t miss out on potentially lucrative investment opportunities with Meta Platforms. Expert analysts are issuing “Double Down” stock recommendations for companies on the brink of significant growth. Past successes like Amazon, Apple, and Netflix show the potential for substantial returns. Now could be the best time to invest in Meta Platforms before it’s too late.



Read more at Nasdaq: Is Meta Platforms a Top Artificial Intelligence (AI) Stock to Buy Now?