3 Reasons to Buy Meta Platforms, and 1 Reason to Sell
Meta Platforms (NASDAQ: META), the tech giant formerly known as Facebook, shed more than 50% of its market value this year as investors fretted over its decelerating growth and polarizing plans for the future. The broader sell-off across the tech sector, which was largely driven by rising interest rates and other macro headwinds, exacerbated that pain.
But did investors overreact and prematurely dump Meta's stock, which is still about 330% above its initial public offering price from 10 years ago? Let's review three reasons to buy Meta -- and one reason to sell it -- to find out.
Meta Platforms CEO Mark Zuckerberg. Image source: Meta Platforms.
Source Fool.com
