Reported about 5 hours ago
As the deadline for ByteDance to divest TikTok looms, investors are encouraged to consider Meta Platforms as a promising option. Hamilton Capital's Alonso Munoz highlights Meta's recent growth acceleration and investments in artificial intelligence, which may enhance shareholder value in the coming years. If TikTok faces a ban, Meta's short-form video feature, Instagram Reels, could see increased usage. In contrast, Snap is deemed less favorable due to stiff competition and poor fundamentals.
Source: YAHOO