History Suggests That You'll Regret Not Buying This Struggling Tech Stock
The business is performing much better than its stock may suggest.
Overview
It has been a rollercoaster year for the "Magnificent Seven" stocks, the name given to tech titans Nvidia, Apple, Microsoft, Amazon, Alphabet, Tesla, and Meta Platforms (NASDAQ: META). Of the group, only Meta and Tesla are in the red for the year, down 1.2% and 18.8%, respectively, through market close on Sept. 10.
Both have their fair share of issues, but Meta is a struggling stock that seems to have plenty of upside from its current level. And if history is any indication of what's possible, you may regret not investing while it's having an off year.
Details
No single issue is dragging down Meta's stock; it's a combination of factors, with the two main ones being its AI spending and its ongoing regulatory issues.
Source
Originally published at www.fool.com.