Meta Platforms (NASDAQ: META) has been a dream stock for investors, returning 90% over the past year and an even more spectacular 548% since its low in 2022, when shares briefly traded under $90.
Compared to a disappointing slowdown after the worst of the pandemic, the social media giant reclaimed its operating and financial success by focusing on core strengths. An all-in approach toward artificial intelligence (AI) as a new growth driver has given shareholders plenty to cheer about.
The headlines are positive, but do they make the stock a buy today? Let's discuss whether the rally in Meta Platforms can keep going.
Source Fool.com