In the Past 3 Years, Meta Platforms Lost $42 Billion in This Under-the-Radar Segment. Should You Still Buy the Unstoppable "Magnificent Seven" Stock?

Meta Platforms (NASDAQ: META) has been crushing it for investors in recent times. In the past three years, shares have soared 47% as of April 25. That gain is significantly better than the Nasdaq Composite Index's 11% rise during the same time.

This social media enterprise continues to post stellar financial results, indicating its dominance in the digital advertising market on a global scale. But shareholders might be surprised to learn that the business has posted a cumulative operating loss of $42 billion in the past 12 quarters in an under-the-radar segment you might not be familiar with.

Is this unstoppable "Magnificent Seven" stock still a buy?

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Source Fool.com