Meta stock is a 'top pick' and could soar 20% as the social media giant leans into the AI hype, analysts say

• Meta is now a "top pick" among internet stocks as the company leans into the AI hype, analysts say.
• Shares of Meta jumped 14% on Thursday, with the stock now up 92% from the beginning of the year. 
• The company reported better-than-expected quarterly earnings, reversing the past three quarters of revenue decline.

After tanking last year, Meta is now a "top pick" among internet stocks, and shares could soar as much as 20% this year as the social media giant leans into the AI hype, analysts say.