Meta Platforms’ (META) “Year Of Efficiency”

The overall macro environment, ad targeting, and measurability could be growth drivers for Meta Platforms (META), notes Morningstar's Ali Mogharabi. He recaps the Meta Platforms “year of efficiency.” He also talks about how Meta’s reels monetization and more focus on e-commerce could be a positive. Morningstar has a $322 fair value estimate on Meta. Mogharabi also outlines how A.I. will impact meta in 2024. He then goes over the outlook for Meta in 2024. Tune in to find out more about the stock market today.