"Assessing Meta Platforms Stock: Is It Still a Buy in 2024?"

Meta Platforms stock has surged to new 52-week highs after a strong rebound in revenue growth, but concerns about sustainability and high valuation have emerged. The stock is trading at a high price-to-earnings multiple, and analysts are cautious about its future upside potential. With a cash-burning metaverse segment and doubts about maintaining its current growth rate, some suggest that investors who have profited from the stock may want to consider selling. The Motley Fool's Stock Advisor team also did not include Meta Platforms in their list of 10 best stocks for investors to buy now, raising further questions about its long-term investment potential.