Key Points
- Meta Platforms broke out of a flat base on March 15 and is holding nearly 14% above its 50-day average.
- In the past 12 months, institutional investors accounted for more buying than selling, which bodes well for future price growth.
- This year, Wall Street expects an earnings increase of 48%, with another 17% increase forecast for next year.
- 5 stocks we like better than Meta Platforms
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