Buy Meta on the Pullback - Cheap Access to AI + Ads at a Reasonable Multiple
Meta Platforms ($META) is trading below its recent trend and looks like the most attractively priced member of the large-cap AI/tech cohort. With a $1.61T market cap, free cash flow of $46.1B and a trailing P/E around 27, the company offers durable ad revenue growth from its Family of Apps and heavy leverage to the AI infrastructure buildout via Re…