Can Meta Platforms Stock Turn a $10,000 Investment Into $1 Million?

Meta Platforms (NASDAQ: META) has been one of the hottest growth stocks to own in recent years. Since the beginning of 2023, it has skyrocketed by around 490%, turning a $10,000 investment into nearly $59,000. The social media stock has gone from being the stock seemingly no one wanted to own in 2022 to now becoming one of the most valuable companies in the world, with a market cap of close to $1.8 trillion. The business has been doing well, and bullishness remains high for the stock. Can Meta Platforms turn a $10,000 investment into $1 million or more?Meta has been experiencing some tremendous growth in recent years. Its highly popular social media apps, including Facebook, WhatsApp, and Instagram, attract billions of users. For marketers, that can make it incredibly enticing to advertise on those apps, as it's easier to reach a specific target audience when potential customers are concentrated on a single platform.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool