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Meta Platforms Was the Best FAANG Stock in 2023. Can It Repeat in 2024?

Meta Platforms Was the Best FAANG Stock in 2023. Can It Repeat in 2024?

None of these five had a better 2023 than Meta, whose stock rose around 170% in 2023. Meta Platforms is made up of two business segments: Family of Apps and Reality Labs. Its former name, Facebook, was a clear indicator of what the company was, although it also had other social media platforms like Instagram, WhatsApp, Messenger, and Threads.