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.

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Source Fool.com