Meta Platforms Shares Fall Despite Strong Revenue Growth. Is It Time to Buy the Stock on the Dip?

Key Points Social media giant Meta Platforms turned in strong third-quarter results. However, the stock sold off on worries over its high capital expenditures. As a result, Meta is now the cheapest of the "Magnificent Seven" stocks. 10 stocks we like better than Meta Platforms › Shares of Meta Platforms (NASDAQ: META) sank despite the social media company reporting strong third-quarter results that easily topped analyst estimates, as investors fret over its capital expenditures (capex) spending. ...