Meta Platforms Inc (META)

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Facebook: Remarkable Bargain In Plain Sight
Jun. 29, 2018 1:08 PM ET|14 comments | About: Facebook (FB), Includes: GOOG, GOOGL
Victor Dergunov
Victor Dergunov
Long/short equity, value, special situations, Growth
MARKETPLACEAlbright Investment Group
(10,029 followers)
Summary
Facebook's stock has surged by about 33% since the buying opportunity following the Cambridge Analytica scandal. But despite the run-up Facebook remains very cheap.

The company is set to expand revenues nearly 10 fold, from $7.8 billion in 2013 to an estimated $72 billion in 2019, an average annual growth rate of about 50%.

The company also has various businesses capable of securing significant user growth going forward, and Facebook essentially has a monopoly in social networking.

Despite the company's remarkable growth and dominant market position the stock is currently trading at only 20 times next year's earnings, possibly even cheaper.

This suggests Facebook shares have significant upside potential from here, likely about 50% over the next year.

This idea was discussed in more depth with members of my private investing community, Albright Investment Group .