Meta Platforms, Inc. (META), the world’s largest social media platform, has been assigned a #2 (Buy) rating by Zacks Rank, with a VGM Score of B. As of March 31, 2024, the platform is used by approximately 3.24 billion users daily. Meta’s Growth Style Score is also a B, indicating a projected year-over-year earnings growth of 43.6% for the current fiscal year, following a recent earnings estimate adjustment upwards by $0.09 to $21.36 per share.
The Zacks Rank has identified #1 (Strong Buy) stocks delivering an average annual return of +25.41% since 1988, significantly outperforming the S&P 500. Currently, there are over 800 stocks rated #1 or #2, providing a wide selection for investors.
For investors seeking high-potential stocks, Zacks has handpicked five stocks projected to double in 2024, building on a history of prior recommendations achieving gains of up to +673.0%.
5 Stocks Our Experts Predict Could Double In the Next Year
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