The holiday season often brings a phenomenon known as the Santa Claus rally, characterized by improved market performance in the last days of December and the first few trading days of January. This boost is usually attributed to several factors, including seasonal optimism among investors, positive company news releases, increased consumer spending, and portfolio adjustments by fund managers aiming to enhance their year-end results. These factors often lead to an increase in stock prices during this period.
Meta Rallies 20 Days! Is It Too Late to Buy This AI Stock??
Meta has surged for 20 consecutive days, breaking the record. The longest consecutive gain record for big tech companies is 19 days. Meta is currently seen as the company with the highest AI monetization potential.
With the stock price currently at a high, what price would you consider a good entry point for Meta?
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