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Meta Platforms (META) shares have just had their worst week since October as recent legal blows saw investors flee from the company based in Menlo Park, California. In fact, continued weakness in META even tanked its relative strength index (14-day) into the mid-20s, indicating this “Magnificent 7” name is now officially oversold.
Still, Senior Morgan Stanley Analyst Brian Nowak says META stock, which is currently down about 25% versus its year-to-date high, remains a top pick for the remainder of 2026.