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Meta Platforms Stock Rose 25% in September. Is It Still a Buy in October?
The Motley Fool·
Meta Platforms surged 25% in September following the launch of Meta Muse, an AI agent designed for everyday consumer use with a freemium subscription model. The product addresses previous investor concerns about Meta's massive AI infrastructure spending without clear monetization. While the stock has moved from undervalued to normal valuation ranges, analysts expect modest October performance pending Q3 earnings results, though long-term prospects appear brighter if Muse gains widespread adoption.
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