Meta Platforms, Inc. (NASDAQ:META) is one of the Best Stocks to Buy While the Market Is Down. On April 20, Meta Platforms, Inc. (NASDAQ:META) and CBRE, which is a major real estate and data center service company, announced a multi-year partnership. The collaboration is a multi-year initiative that aims to train thousands of fiber technicians in the United States.
The companies highlighted that this training will help address a critical issue of the shortage of trained labor for building advanced data centers, which Meta needs to fuel its AI and cloud computing growth.
As part of this partnership, CBRE will open multiple US training centers in summer 2026. At these training centers, the workers will be taught skills such as installing fiber-optic cables, network gear, and other data center infrastructure. Moreover, management also noted that graduates from these training programs will get priority placement at Meta’s construction sites.
Overall, the Street is bullish on Meta Platforms, Inc. (NASDAQ:META) with 90% of the 72 analysts covering the stock maintaining a Buy rating. The 12-month average price target reflects more than 27% upside from the current level.
Meta Platforms, Inc. (NASDAQ:META) develops products that help people connect with their friends and family. The company operates through Reality Labs (RL) and Family of Apps (FoA). It operates major apps such as Instagram, Messenger, Facebook, Meta AI, Threads, and WhatsApp.
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.
READ NEXT: 10 Best Stocks to Buy While the Market Is Down and 14 Stocks That Will Double in the Next 5 Years.
Disclosure: None. Follow Insider Monkey on Google News.
Hedge Fund Resource Center