5 Undervalued Wide Moat Stocks to Invest in

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

Number of Hedge Fund Holders: 177

As the biggest social media company in the world, Meta Platforms, Inc. (NASDAQ:META) has substantial network effects that give it a wide moat. Given its shares trade for a forward P/E ratio of 14.44, Meta Platforms, Inc. (NASDAQ:META) also has long term upside if it can control costs and maintain its over 3 billion monthly active user base.

Furthermore, Meta Platforms, Inc. (NASDAQ:META) has considerable potential in AI which could help increase its earnings in the long term.