The stock suffered a peak-to-trough decline of 53% and it’s not guaranteed that the lows are in. That said, this stock trades at a paltry 15.5 times this year’s earnings and 13 times next year’s earnings estimates.

If you can’t tell by that breakdown, analysts expect a slowdown in earnings this year. That’s as Meta regroups a bit and sorts through various expenses and user-growth issues. However, it’s estimated that revenue will grow 7.4% this year before accelerating up to 16.4% growth in 2023.

Is Meta a slam dunk? Not necessarily. However, at 13 to 16 times earnings with robust margins, a strong balance sheet and four of the top 10 mobile apps, it may be worthwhile to begin accumulating the name. And that makes FB stock one of the top undervalued stocks to buy right now.$Meta Platforms, Inc.(FB)$