Meta Is Cheap Relative to Growth — But Needs a Clear Second Engine to Sustain It
Meta trades at a reasonable multiple against robust revenue growth (33% YoY in Q1) and $48.3B in trailing free cash flow. The stock looks undervalued versus its growth profile, but the company needs a credible second growth engine beyond advertising to justify a higher valuation. This trade idea buys the dip with a clear stop and a 180-trading-day …