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Meta Platforms, Inc. develops products that enable people to connect and share with friends and family through mobile devices, PCs, virtual reality headsets, wearables and home devices around the world. The company is headquartered in Menlo Park, California.
Meta is firing on all cylinders, growing revenue 33% and earnings 62% year-over-year while keeping profit margins high at 33%. With a P/E of 22, the stock looks fairly priced for its growth. Wall Street analysts remain positive on the name.
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