Is Meta now a value stock?
Shares of Meta Platforms Inc. soared on Friday as the company reported a blowout fourth quarter and introduced a dividend. That raised the question of whether or not Meta can be called a value stock.Investors typically consider value stocks to be those of mature companies that are steady performers, are likely to pay dividends to shareholders and trade at relatively low valuations to the broad market.On Friday, when Meta’s META, -2.96% stock rose 20% after the company announced a 25% increase in revenue and ...