The stock of Meta Platforms in the last two years represents the quintessential example of volatility investors need to endure and opportunities to pounce upon, when it comes to raking in super-normal returns in quality stocks. Meta Platforms’ fundamentals remain quite solid and as things stand now we believe it will be a leading player in the global AI space. For reasons explained below, we recommend that investors book partial profits and lock in on some of the profits. Since the time it listed in 2012, Meta has been a volatile stock with multiple bouts of significant corrections. Recent performancePost its Q4 results released on February 1, the stock of Meta is up over 20 per cent as investors got excited by its solid beat and raise quarter.

Source: The Hindu February 17, 2024 14:19 UTC