Analyst Says Meta Platforms (META) is One of the Best AI Stocks to Buy Now

Core Insights - Meta Platforms Inc (NASDAQ:META) is recognized as a leading stock in the AI sector, with analysts highlighting its strong user base and profit margins [1][2] - The company reported a 20% year-over-year growth in earnings, with a current market valuation of $2 trillion [2] - META's stock has increased by approximately $5 since the analyst's comments, reflecting a 26% rise year-to-date [2] User Base and Growth - Meta Platforms boasts 3.43 billion monthly active users as of March, representing a 6% year-over-year increase, which is about half of the global population [3] - This extensive user base provides significant opportunities for monetization and data processing [3] Advertising Revenue - Advertising constitutes 98% of Meta's revenue, with a year-over-year growth rate of 21% [4] - The company has seen strong revenue and earnings growth driven by increases in ad impressions and pricing [5] Investment in AI - Meta is actively investing in AI while simultaneously enhancing its core advertising business [6] - The company is focused on balancing profitability and efficiency with ongoing investments in the metaverse and AI applications [6]