Recently, Zacks.com users have been paying close attention to Meta Platforms (META). This makes it worthwhile to examine what the stock has in store.
Meta Platforms is returning cash to shareholders via its new dividend and expanded share buybacks. Monday.com's crisp execution warrants its lofty valuation.
Taiwan Semiconductor will be a huge beneficiary from AI proliferation. Meta shares are fairly cheap now given the company's performance.
Top AI companies -- from Nvidia to Broadcom -- have completed stock splits this year after their shares soared. These operations lower the per-share price, making it easier for smaller investors to buy the stock.
Meta on Friday published an update on how it plans to comply with the Digital Markets Act (DMA), the European law that aims to promote competition in digital marketplaces, where the law concerns the company's messaging apps, Messenger and WhatsApp.
At its current level, Meta Platforms Inc. (META, Financial) looks too cheap. Even though its market cap is now worth $1.31 trillion, its powerful free cash flow could push the stock higher.
The "Magnificent Seven" stocks include Apple, Nvidia, Microsoft, Alphabet, Amazon, Meta Platforms, and Tesla. Over the last 20 months, Nvidia has been the star of the group, as its stock soared more than 700% in value.
Meta Platforms' advertising business remains solid on its social networks like Facebook. It just takes one successful product for Reality Labs to become a massive profit driver.
Meta, which owns social media platforms such as Instagram and Facebook, has revealed its plans for keeping kids safe online. It wants companies like Apple and Google, who run mobile phone app stores, to force parents to approve when their children attempt to install phone apps which are popular among young people.
Meta Platforms (META) closed at $512.74 in the latest trading session, marking a +0.19% move from the prior day.
Meta's Oversight Board ruled on Wednesday that the standalone use of the phrase "From the River to the Sea," a slogan popular with pro-Palestinian users, does not violate the company's content policies.
Although Meta Platforms' expanding AI prowess is noteworthy, higher investments in developing AI models, services and infrastructure are a concern for investors.