Should You Buy Meta Platforms Stock Before Its New Smartwatch Comes Out This Year?

Meta Platforms (META), a leading social networking firm, is back in the news as the firm plans to roll out a new smartwatch, codenamed “Malibu 2.” The firm plans to roll out the new smartwatch later this year. The device will come equipped with health-related features and a Meta AI assistant. The question for investors is this: Will this new product help Meta expand its monetization flywheel? META stock is currently trading around $655 and remains significantly below its 52-week high. The stock has been ...