Is Meta Platforms (META) One of the Top Trending US Stocks to Buy Now?

Meta Platforms, Inc. (NASDAQ:META) is one of the top trending US stocks to buy now. Reuters reported on June 22 that Kunal Shah, founder of the Indian fintech ​firm, ​will become ​Meta-owned WhatsApp’s new ⁠leader, according to Meta Platforms, Inc.’s (NASDAQ:META) ​current head Will Cathcart statement ​on ​Monday in a ‌post ⁠on X. It further stated that the announcement came after ​CRED ​announced ⁠it will raise ​about $900 ​million ⁠from Meta Platforms, Inc. (NASDAQ:META).

Meta Platforms, Inc. (META)'s Tells You How Cool Ryan Reynolds Is, Says Jim Cramer

In a separate development, Meta Platforms, Inc. (NASDAQ:META) announced on June 22 that starting today, Instagram for TV is now available on Samsung Smart TVs in the United States. This includes 2020 model year TVs and newer, and combined with Amazon Fire TV and Google TV, Instagram is now available across the majority of connected TV devices in the country.

Users can send Reels directly from their phone to their TV in a few taps, with casting available on Google TV and Fire TV, including videos from the Saved tab. They can also catch up on what their friends and other creators are sharing, without the need for crowding around a phone.

Meta Platforms, Inc. (NASDAQ:META) builds technological products that allow people to share, connect, grow businesses, and find communities. These products help people connect through personal computers, mobile devices, virtual reality (VR), mixed reality (MR) headsets, and wearables.

While we acknowledge the risk and potential of META as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than META and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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