Prediction: Meta Platforms Will Be a $3 Trillion Company in 5 Years
Meta Platforms (NASDAQ: META) is the parent company of the world's most widely used social media sites, like Facebook and Instagram. Its sprawling business has already allowed it to achieve a $1.67 trillion valuation, but I think there's much more in store. I could easily see it being worth $3 trillion in five years, which would provide market-beating returns for shareholders.Multiple factors influence this prediction, but Meta's various investments in artificial intelligence are the biggest. Few companies are diving into AI as deeply as Meta, which could pay off big time for them in the long term.Image source: Getty Images.Continue reading
Meta Platforms (NASDAQ: META) is the parent company of the world's most widely used social media sites, like Facebook and Instagram. Its sprawling business has already allowed it to achieve a $1.67 trillion valuation, but I think there's much more in store. I could easily see it being worth $3 trillion in five years, which would provide market-beating returns for shareholders.
Multiple factors influence this prediction, but Meta's various investments in artificial intelligence are the biggest. Few companies are diving into AI as deeply as Meta, which could pay off big time for them in the long term.
Image source: Getty Images.
