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Meta Platforms (META) stock looks cheap here, as its free cash flow (FCF) could rise. After all, DeepSeek's AI innovations could lower its AI capex spending or increase productivity. Meta's earnings results on the 29th may show its FCF could eventually be higher than otherwise projected.
META is up today at $671.43 and does not seem to have been hurt by yesterday's sell-off following DeepSeek's AI bombshell in the AI sector.