Is It Too Late to Buy Meta Platforms Stock?
With gains of 110% so far, Meta Platforms (NASDAQ: META) has been one of the tech sector's best-performing stocks this year. In addition to investors generally warming back up to companies with growth-dependent valuations, the social media giant's valuation has also benefited from better-than-expected earnings results and excitement surrounding its artificial intelligence (AI) initiatives. If you're considering investing in the social media giant, read on for a look at positive and negative factors that could shape its performance.