Cryptocurrency Q&A
Is Meta worth buying right now?
Is Meta worth buying right now?
IncheonBeautyBloom
Sat Aug 31 2024
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7 answers
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Considering the recent turbulence in the tech sector, many investors are wondering if Meta, the parent company of Facebook, is still a worthwhile investment. With its massive user base and dominant position in social media, it's tempting to believe that Meta is a safe bet for long-term growth. However, the company's struggles with privacy concerns, regulatory scrutiny, and competition from upstarts like TikTok have left some investors skeptical. So, is Meta truly worth buying right now, or should investors look for greener pastures?
7 answers
HanRiverVisionary
Mon Sep 02 2024
Analysts' sentiment towards Meta remains positive, with a significant majority expressing bullish views.
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Valentino
Mon Sep 02 2024
According to FactSet, 84% of the 67 analysts tracking the stock have rated Meta as a buy.
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MysticRainbow
Mon Sep 02 2024
This positive sentiment is reflected in analysts' projections for Meta's revenue growth.
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JejuSunshineSoulMateWarmth
Sun Sep 01 2024
For the full year 2024, analysts anticipate that Meta's revenue will increase by 17.8% to reach $158.97 billion.
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Enrico
Sun Sep 01 2024
This projected growth follows a 15.7% increase in revenue last year, demonstrating the company's continued financial strength.
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