Meta Platforms, trading at a discount to the S&P 500, has seen strong growth despite scandals and criticism. Investors have undervalued Meta and Alphabet, with Meta’s stock rising 577% in the last decade. Meta’s latest earnings report showed a 24% revenue jump and promising guidance for Q1 revenue growth of 30%.

Adjusted for a tax charge, Meta brought in $74.7 billion in net income last year, with a P/E ratio of 25.4, cheaper than the S&P 500. Despite rapid revenue growth, Meta trades at a 20% discount to its peers. Its historical growth rate and low valuation make it a unique investment opportunity.

Meta and Alphabet have been undervalued despite dominating the digital advertising space with strong economic moats and high-profit margins. Their platforms and advertising models set them apart from other companies. Meta’s modest valuation has not hindered its stock performance, offering investors long-term growth potential.

Considerations before buying Meta Platforms stock include the Motley Fool’s top 10 stock picks, excluding Meta Platforms. These picks have historically produced significant returns, outperforming the S&P 500. The Stock Advisor offers valuable insights for investors looking to capitalize on high-growth opportunities.

Read more at Nasdaq: This “Magnificent Seven” Stock Is Up 577% Over the Last Decade, And It’s Still a Top S&P 500 Bargain