Why Meta Platforms Is the Only Social Network Worth Owning

By Travis Hoium – Aug 3, 2023 at 7:30AM

NASDAQ: META

Meta Platforms

Market Cap

$1,124B

Today's Change

(0.43%) $1.91

Current Price

$443.29

Price as of April 26, 2024, 4:00 p.m. ET

Scale and engagement matter in social media.

Dozens of social networks have tried to knock off Meta Platforms (META 0.43%), but none have succeeded. In this video, Travis Hoium covers why this is the only social network to own long term.

*Stock prices used were end-of-day prices of July 28, 2023. The video was published on July 31, 2023.

Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Snap. The Motley Fool has positions in and recommends Meta Platforms and Pinterest. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.