Social media stocks to sell aren’t just a passing thought anymore. Over the past few years, we’ve seen how social media has played second-fiddle to other cutting-edge technologies in the investing world. Last year’s rapid rise of artificial intelligence (AI) sparked incredible investor interest, propelling AI stocks to unprecedented levels. This transformation points to a maturing market where growing competition and evolving user habits threaten the long-term growth trajectories of social media
The metaverse is still a work in progress. After Facebook decided to change its company name to Meta Platforms (NASDAQ:META) back in 2021, many investors thought the metaverse would be the next big thing for entertainment and online interactions. While there is definitely some evidence of that, much of the equities gains in metaverse-related stocks have been concentrated with the large tech companies. The Roundhill Ball Metaverse ETF (NYSEARCA:METV), for example, has risen 8.6% year-to-date (YTD
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.