1 Stock to Play the Mobile Advertising Trend

By John Reeves and David Meier – Oct 18, 2013 at 6:35PM

NASDAQ: META

Meta Platforms

Market Cap

$1,254B

Today's Change

(-0.52%) -$2.60

Current Price

$493.50

Price as of April 24, 2024, 4:00 p.m. ET

Mobile ad revenue is exploding for companies that can figure out how to cash in on this trend. Here's our pick for one stock to buy to get exposure to this.

Is Facebook (META -0.52%) the best way to play the growing mobile advertising trend? Fool analyst David Meier thinks so. In the following video, he lays out the case for Facebook.

Facebook has come out of nowhere to grab almost 16% of the mobile advertising market. And it's looking to build on its recent success. All of the previous investments that Facebook made to revamp its mobile experience are starting to pay off, positioning the company to continue to seize market share in this growing space.

David Meier has no position in any stocks mentioned. John Reeves owns shares of Google and Facebook. The Motley Fool recommends Facebook, Google, and Pandora Media. The Motley Fool owns shares of Facebook and Google. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.