"Selecting the Best and Worst FAANG Stocks for Your 2024 Portfolio"

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Source: The Motley Fool
"Selecting the Best and Worst FAANG Stocks for Your 2024 Portfolio"
Photo: The Motley Fool
TL;DR Summary

The article recommends buying shares of Alphabet and Netflix in 2024, citing Alphabet's recovery in sales and free cash flow, and Netflix's focus on profitability and cash flow optimization. Conversely, it advises against investing in Meta Platforms due to its heavy investment in the metaverse with little current return and the uncertainty of AI being a significant growth driver for the company. Despite Meta's stock price increase in 2023, the article suggests caution as the company's AI and metaverse strategies may not yield the expected results, potentially leading to a market correction.

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