Given its growth potential ahead, Meta (META 0.89%) might make a smart investment long-term at its current valuation. In this clip from "The Rank" on Motley Fool Live, recorded on June 13, Motley Fool contributor Connor Allen makes the case for why Meta is worth holding for the long-term.
Connor Allen: Looking at them, Meta's trading at all times free cash flow, and this is a company that realistically with its current business, forget about the metaverse. Forget about all of that. Look at their current and past business and I think it realistically could grow top-line revenue above 8%, 9% annually for quite a while, and so looking at a company that's trading at this valuation with that type of growth potentially ahead is, I don't know. It seems like it's good value.
