5 Best Undervalued Stocks To Buy Now

3. Meta Platforms, Inc. (NASDAQ:META)

Number of Hedge Fund Holders: 184

Meta Platforms, Inc. (NASDAQ:META) is an undervalued stock given its huge userbase, and its forward P/E ratio of 11.8. Although analysts don’t see much earnings per share growth in the next five years given its EPS Next 5 year ratio of 6.8%, Meta Platforms, Inc. (NASDAQ:META) still has earnings growth potential given improvements in AI and machine learning. There could be more EPS growth if Meta Platforms, Inc. (NASDAQ:META)’s metaverse investments are a success or if the company fends off the challenge from TikTok.