This FAANG Stock Is Too Cheap to Ignore
Social media specialist Meta Platforms (NASDAQ: META) has had a rough 2022: Shares of the company have declined 50% since January, a rare fall for a FAANG stock.
The cause? Privacy changes for iPhone users have made tracking users more difficult, while CEO Mark Zuckerberg's ambitious spending (and resulting losses) on the metaverse has Wall Street questioning his plans.
While these concerns have merit, investors risk getting distracted by headlines and not looking deep enough at the numbers. So, I'm going to do this and illustrate why Meta Platforms is a buy today.
Source Fool.com
