Why Meta's stock is still 'highly attractive' after a 125% surge this year, according to one bull

Meta has translated artificial intelligence into revenue benefits, and one analyst thinks a continuation of that trend could power its stock further. $META is on track to finish with a market value above $700 for the first time in 16 months.

Meta Platforms Inc. has already translated artificial intelligence into revenue benefits, and one analyst thinks a continuation of that trend could power its stock further.

The discount suggests Wall Street is skittish about Meta’s ability to achieve revenue expectations this year and next, in Helfstein’s view, or that investors are concerned about “terminal growth.” AI “solves” for that, he wrote.Helfstein was upbeat about new AI initiatives for Meta, including work to incorporate AI into click-to-message ads and chatbots, which would let smaller businesses automate customer-service chats.

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