Cheapest 'Magnificent 7' stock revealed ahead of Big Tech earnings

The article flags Meta Platforms as the cheapest of the “Magnificent Seven” heading into Big Tech Q1 earnings, highlighting a potential valuation rerating trade that could ripple through the sector. On a forward-year free-cash-flow basis Meta trades at 10.81x versus peers (Amazon 11.7x, Google 17.36x, Microsoft 15.54x, Apple 25.59x). Consensus expects Meta revenue to rise ~31% to $55.36bn and EPS to climb ~3.7% for Q1, with options pricing implying >6% upside after its Apr. 29 report. Bank of America’s $820 target (≈21% upside) and bullish options skew underpin a constructive view. The piece recommends long META/short AAPL on a cash-flow rerating thesis — a development that could drive rotation within large-cap tech and affect relative valuations across the Magnificent Seven.