Meta Platforms: Two Reasons Stock Looks Bound for $700
Throughout the first five months of the year, the US stock market has struggled with consistency. It is no question why, with macroeconomic concerns colliding with geopolitical tensions. However, with things potentially turning around soon, Meta Platforms (META) looks like a stock bound for $700 for two key reasons. The tech giant has been one of the biggest stories of the year so far. Despite struggling to build any notable momentum, the company is not alone. Many of the Magnificent 7 have been in the same boat, with a development this week potentially ushering in a new bull market for Wall Street. When that comes, META may be in a clear position to soar. Source: Politico Also Read: Meta (META) Q3 Earnings: Record Highs & Heavy Spending—What’s Next? META to $700? Two Key Reasons Why Its Likely in 2025 The last week of May has the US stock market at a crossroads. With Nvidia (NVDA) earnings set to be revealed at the closing bell, $7 billion in funds could be thrust into the market ...