1 Number That Shows Why Meta Platforms Is a Screaming Buy

Meta Platforms (NASDAQ: META) is coming off one of the best years in its history in 2024. The stock jumped 65% as it delivered strong growth throughout the year on the top and bottom lines.Meta AI is used by more people than any other artificial intelligence assistant. It sold more than 1 million of its new Ray-Ban Meta smart glasses, and it posted growth in virtually every category and key performance indicator. For the year, Meta reported 22% revenue growth to $164.5 billion, while its operating income rose 48% to $69.4 million, giving it an operating margin of 42%. In the fourth quarter, its biggest of the year, Meta's operating margin reached 48%, meaning it kept nearly one out of every two dollars it made in revenue before paying taxes. That's a hallmark of a dominant business and one with tremendous market power. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool