"Meta Platforms (META) Surges Ahead of Q3 Earnings with Bullish Analysts Predicting Multibagger Potential"

Despite a struggling stock market, Meta Platforms (META), the parent company of Facebook and Instagram, is in buy range ahead of its upcoming earnings announcement. The company recently unveiled new smart glasses, a virtual-reality headset, and generative AI tools. While its EPS growth rate has declined slightly, Meta still boasts a near-perfect IBD Composite Rating. Analysts expect strong earnings growth for the third quarter. META stock is currently in buy range after surpassing an early entry point, although it is struggling to move past a cup base's standard buy point.