Is Meta Platforms Stock a Buy?

By Parkev Tatevosian, CFA – Sep 17, 2022 at 11:18AM

NASDAQ: META

Meta Platforms

Market Cap

$1,226B

Today's Change

(-4.13%) -$20.73

Current Price

$481.07

Price as of April 19, 2024, 4:00 p.m. ET

The stock is cheaper than ever, but that's not the only factor that matters.

Meta Platforms (META -4.13%) is spending billions to transition into a metaverse company. Does that make it an excellent time to buy the stock now? This video answers that question using my simplified six-step framework.

Stock prices used were the afternoon prices of Sept. 14, 2022. The video was published on Sept. 17, 2022.

Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Parkev Tatevosian has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Meta Platforms, Inc. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.