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Meta Platforms (META) made $40 billion in free cash flow (FCF) last year. Its new first-ever quarterly dividend will cost just $5.1 billion annually. Based on analysts’ higher sales forecasts and its 32% FCF margin, META could be worth over 18% more at $556 per share. Last month, I wrote that META stock could be worth substantially more based on its FCF. The Barchart article on Jan 5, 2023, “Meta Platform’s Huge Free Cash Flow Could Power META Stock 34% Higher to $473,” suggested that its FCF could power the stock much higher. Now that META stock has moved substantially higher to $469 as of mo…

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