5 Undervalued Wide Moat Stocks To Invest In

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In this piece, we will take a look at five undervalued wide moat stocks to invest in. If you want to take a look at what wide moat investing is all about, then check out 12 Undervalued Wide Moat Stocks To Invest In.

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

Average Share Price Target: $363.26

Share Price Upside: 27%

Meta Platforms, Inc. (NASDAQ:META) is a social media and communications firm. After being on a tear this year, the firm’s shares are down 12% in August joining other big tech names as market uncertainty about future interest rate hikes persists due to rising producer prices.

By the end of Q2 2023, 225 out of the 910 hedge funds part of Insider Monkey’s database had invested in Meta Platforms, Inc. (NASDAQ:META). Out of these, the firm’s largest shareholder is Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital due to its $3 billion stake.

Follow Meta Platforms Inc. (NASDAQ:META)


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