From zero to hero: How this blue-chip stock grew 400% in a year

Meta’s (NASDAQ: META) stock has surged by 400% since hitting its low of $88 in October 2022, despite initial skepticism surrounding cash burn and investments in the unproven Metaverse.Since January 2023, Meta stock has successfully reversed its fortunes, with momentum shifting from a negative relative strength momentum (RSM) that hit a low of -55 in October 2022, to a high of 59 in August 2023, before settling at its current valuation of 41. Throughout this process, it has crushed the broader index in perfo ...