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Meta Platforms, Inc. (META) holds a #3 (Hold) rating on the Zacks Rank, with a Growth Style Score of A, expecting a year-over-year earnings growth of 35.6% for fiscal 2024. The Zacks Consensus Estimate for META is $20.16 per share, up $0.03 following two upward revisions from analysts in the last 60 days. The company serves approximately 3.24 billion daily users across its suite of applications including Facebook, Instagram, WhatsApp, and Messenger.
Zacks Investment Research reports that stocks ranked #1 (Strong Buy) have produced an average annual return of +25.41% since 1988, significantly outperforming the S&P 500. To optimize returns, investors are advised to look for stocks with a Zacks Rank of #1 or #2 and Style Scores of A or B.
Additionally, demand for clean hydrogen energy is projected to reach $500 billion by 2030. Zacks has identified three major companies poised to lead this market. One has delivered returns of +2,400% over the past 25 years, another has secured $15 billion in capital commitments for low carbon hydrogen products through 2027, and the third has consistently raised its dividend for over a decade.
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