Reported 8 months ago
After Nvidia's stock split, attention has turned to Meta Platforms potentially undergoing a split as well, given its significant growth and market cap of $1.29 trillion. Despite the cosmetic nature of a stock split, Meta's strong business prospects in the digital advertising market and focus on AI tools make it an attractive investment choice. Analysts anticipate Meta's earnings to grow by 30% annually, and its stock is considered relatively undervalued compared to tech stocks, making it a compelling buy for investors.
Source: YAHOO