Meet the Most Innovative "Magnificent Seven" Stock, According to This Key Metric
Nvidia captured the market's spotlight in 2023 and so far in 2024. But Meta Platforms (NASDAQ: META) is just as good -- if not a better story.
In less than 1 1/2 years -- between Nov. 2, 2022 and March 8, 2024, Meta went up a staggering 458.8%. The stock went from an eight-year low to an all-time high in a relatively short period. A lot of it was due to Meta being oversold in 2022, but the bigger story is that Meta has one of the best business models in the world.
Here's the metric that shows why Meta Platforms is the most innovative "Magnificent Seven" company and why it could be worth buying, even though the stock price is the highest it's ever been.
Source Fool.com
Meta Platforms Inc. Stock
€414.20
0.690%
With 13 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 530 € there is a positive potential of 27.96% for Meta Platforms Inc. compared to the current price of 414.2 €.
