This Growth Stock Has Soared 8x Over the Last 10 Years -- and It's Still a Screaming Buy | The Motley Fool
Briefly

Meta Platforms, known for its major apps like Facebook and Instagram, has achieved an 8x growth in the last decade, with a compound annual growth rate of 23%. The company enjoys a user base of 3.43 billion daily users, representing 42% of the global population, which significantly boosts its appeal to advertisers. Revenue in the first quarter rose by 16%, supported by a 10% increase in ad prices. Continued investment in AI and R&D positions Meta for future growth, maintaining its attractive investment potential.
Meta Platforms has soared 8x over the last 10 years, translating to a compound annual growth rate of around 23%, indicating its powerful market position.
With 3.43 billion daily users across its apps, Meta is well-positioned to attract advertisers, driving revenue growth significantly, by 16% year over year.
The combination of rising user engagement and increased ad prices underscores Meta's robust business model, offering high returns and strong future growth potential.
Investing heavily in AI and R&D, Meta is not only enhancing profitability but also positioning itself for further expansion in the evolving digital advertising landscape.
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