Meta’s stock is now this analyst’s ‘best idea.’ Why all the AI spending could be worth it.
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📅 Published: 2025-11-13 15:59
📰 Source: MarketWatch
📝 Words: 21
📝 Article Content
Wedbush analyst Scott Devitt shrugs off concerns about rising capital expenditures, noting that artificial intelligence is already boosting Meta’s advertising engine.
📄 Summary
Wedbush analyst Scott Devitt shrugs off concerns about rising capital expenditures, noting that artificial intelligence is already boosting Meta’s advertising engine.
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Stock Mentions:
META - Meta Platforms Inc.
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NOW - ServiceNow Inc.
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ALL - The Allstate Corporation
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