Talk about a repeat performance. Meta Platforms shares kept the gains coming this year — hot off the heels of 2023, which everyone on Wall Street has come to refer to as the "year of efficiency." Year-to-date performance: up 70% Forward price-to-earnings multiple: 24 versus a five-year average of 21.
At the Meta Connect developer conference, Mark Zuckerberg, head of the Facebook group Meta, shows the prototype of computer glasses that can display digital objects in transparent lenses.shares kept the gains coming this year — hot off the heels of 2023, which everyone on Wall Street has come to refer to as the "year of efficiency."
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