Investors are staying on the sidelines amid a broad selloff in tech stocks this year. Shares of Facebook parent Meta are down more than 30% this year amid a troubling macro environment and weaker-than-expected results.
Igor Golovniov | SOPA Pictures | LightRocket | Getty Images
There’s a “compelling” case for buying up stock in Meta Platforms (META) right now, according to Citigroup. And the Club continues to back the tech giant as a solid long-term play at a reasonable valuation.