Meta Platforms (META) recognized as top growth stock by Bank of America, projecting 16% profit rise in Q3.

Meta Platforms, Inc. (META) has been recognized by Bank of America as a top growth stock, driven by substantial revenue growth from its AI business. The company anticipates a 16% profit rise in Q3, projecting earnings of $5.21 per share. Year-to-date, META's shares are up 67%. With a significant increase in revenue and net income over the past decade, Meta continues to expand its AI capabilities, set to report Q3 earnings on October 30.