3 Social Media Stocks That Will Have Better Returns Than META

Category: Finance

Meta Platforms has surged to nearly $500 per share from lows of $90, prompting investors to seek other promising social media stocks. The Growth at a Reasonable Price (GARP) strategy highlights three potential multi-baggers: Alphabet Inc, Spotify, and Tencent. Alphabet leads in search and video with strong financials and AI investments. Spotify dominates music streaming with a growing user base and strategic price hikes. Tencent, despite a stock decline, maintains a significant market share in gaming and social media, showcasing robust revenue growth and a strong game portfolio.

Keywords: Meta Platforms, social media stocks, investment strategy

Source: Yahoo Finance

Update At: 7/29/2024

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