Meta Platforms is attractively priced after a significant price drop, trading below its 50 and 200-day moving averages, making it a compelling buy. Meta demonstrates strong fundamentals with robust revenue growth, improving profitability, and a dominant position in social media, supported by its Family of Apps. The company's strategic pivot toward AI, including the high adoption of Llama and Ray-Ban Meta AI glasses, offers promising new growth avenues.
Given the market's recent pullback, many investors are likely on the hunt, trying to find oversold stocks. One stock that has been hit particularly hard over the past month and looks like an attractive opportunity to consider today is Meta Platforms (META 0.25%).
Nvidia CEO Jensen Huang said on Wednesday that the top four cloud service providers have ordered as many as 3.6 million of its flagship "Blackwell" graphics processors, and that the figure did not include orders from Meta Platforms.
Morning Brief anchors Madison Mills and Brad Smith break down the latest financial news for March 19, 2025, including Nvidia stock on the move higher, plus key takeaways from Jensen Huang's GTC keynote speech. Next, Fed Watch Advisors CIO Ben Emons discusses the Fed rate cut outlook and challenges facing the Fed as they try to balance growth and fight inflation.
Shares of Meta Platforms Inc. (NASDAQ: META) remained mostly flat through midday trading on Wednesday, posting a gain of 0.07%.
Cathie Wood's ARK line of exchange-traded funds (ETFs) has made headlines once again, this time by trimming its stake in Meta Platforms Inc. (NASDAQ: META), for the first time in nearly a year.
Meta Platforms Inc. (META) is rated a "Strong Buy" due to its robust revenue growth, impressive EPS, and strategic investments in AI and the Metaverse. Meta's Family of Apps, including Facebook, Instagram, and WhatsApp, drives significant user engagement and advertising revenue, contributing to its financial success. Despite regulatory challenges and high spending on new technologies, Meta's financial flexibility and cost management support its long-term growth prospects.
Ark Innovation ETF, or ARKK, sold stock in Meta Platforms for the first time in nearly a year.
Delaware lawmakers are debating a bill that would change the state's corporate law after Tesla CEO Elon Musk reincorporated his companies elsewhere. After news broke in late January that Meta was considering following Musk's lead, Democratic Governor Matt Meyer sprung into action.
Norges Bank Investment Trust (NBIM), the world's largest sovereign wealth fund, was among the biggest bulls on Meta stock, increasing its stake in Meta (NASDAQ:META) by 3,610,287 shares, bringing its total to 34,072,026 shares in its most recent 13-F filing.
Shares of Meta Platforms (META -3.27%) are sliding on Tuesday. The social media giant's stock lost 4.1% as of 2:30 p.m.
Meta Platforms' expanding AI prowess is driving user engagement. However, unfavorable forex and stretched valuation make the stock a risky bet.