10 AI Stocks Making Waves: GTC Highlights & Beyond

3. Meta Platforms, Inc. (NASDAQ:META)

Number of Hedge Fund Investors: 235

Meta Platforms, Inc. (NASDAQ:META) is a global technology company. On March 19, JP Morgan analyst Doug Anmuth reiterated his “Overweight” rating and $727 price target on the stock. According to the firm, tech giant Meta and streaming company Spotify are its top picks for investors looking to buy the dip. The firm said that the tech giant has established itself as the “leading open source AI platform,” referring to the expected release of Meta’s Llama 4 model and other products that are likely to drive additional revenue.

“Overall, we’re bullish on META’s AI leadership, which we believe warrants heavy capex & infrastructure spend, & we expect greater AI monetization to support revenue trends in 2025. We expect 2025 revenue growth to be driven by core optimizations, AI investments (Advantage+), Andromeda, video unification, Reels, & Click-to-Message.”