10 AI Stocks Trending on News and Analyst Ratings

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

Number of Hedge Fund Investors: 235

Meta Platforms, Inc. (NASDAQ:META) is a global technology company. On February 11, Tigress Financial analyst Ivan Feinseth reiterated a “Buy” rating on the stock with a $935.00 price target. Meta Platforms is strategically placed in the AI-driven technology landscape, driving optimism for firms such as Tigress Financial. The company has been making significant investments in AI intending to enhance user engagement and content quality across the various applications that it offers. Therefore, integrating artificial intelligence into the company is expected to drive business growth and product development, consequently boosting revenues. The firm also discussed Meta’s plans to expand its product line with advanced smart wearables, which further underscores its commitment to leveraging AI for monetization opportunities. Moreover, its strong financial health, together with its robust balance sheet and cash flows, support its growth strategies and allow continued share repurchases and strategic acquisitions.