1 Magnificent Stock That's Skyrocketed Nearly 500%: Don't Buy and Hold Until You Know These 3 Risks
After a disappointing 2022 that rattled markets, the Nasdaq Composite index roared back and now is in record territory. This bullishness lifted some stocks to new heights.
Just look at Meta Platforms (NASDAQ: META). Since the start of November 2022, shares skyrocketed more than 450%. A favorable market environment, coupled with strong fundamentals, are propelling this business.
Meta has been one of the best performers in recent times. But before you buy and hold this magnificent social media stock, you need to know these three risks.
Source Fool.com
Meta Platforms Inc. Stock
€439.75
0.950%
With 13 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 500 € there is a slightly positive potential of 13.7% for Meta Platforms Inc. compared to the current price of 439.75 €.
