Metaplatforms (NASDAQ: META) the stock has nearly doubled since November, but remains well below the all-time high. Is it time to sell? Much of it hinges on one important thing: Did his massive spending on Reality Labs build a mega-corporation, or will it prove a waste of the billions of dollars generated by his lucrative advertising business? Motley Fool contributors Jason Hall and Jeff Santoro explain how investors should think about it in the video below.
*The stock prices used are from the afternoon of February 9, 2023. The video was posted on February 19, 2023.
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Randi Zuckerberg, former director of market development and spokesperson for Facebook and sister of Meta Platforms CEO Mark Zuckerberg, is a board member of The Motley Fool. Jason Hall has no position in any of the stocks mentioned. Jeff Santoro has no position in the stocks mentioned. The Motley Fool holds positions and recommends Meta Platforms. The Motley Fool has a disclosure policy. Jason Hall is affiliated with The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn extra money supporting his channel. His opinions remain his own and are not affected by The Motley Fool.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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